FAQ - NEoWave Services

General questions about Glenn Neely and NEoWave Trading and Forecasting services can be found here.

If you have more specific educational questions such as Wave analysis, NEoWave theory (advanced Elliott Wave) and trading strategies (Neely River Trading technology), then visit our extensive NEoWave Library of Questions to search for answers to your questions; you can also Submit Your Question for Mr. Neely's review.


Top 5 Questions

Early 20th century ...
R.N. Elliott’s discovery

The Elliott Wave Principle, named after its discoverer, Ralph Nelson Elliott, describes how groups of people behave (also known as crowd psychology) in a market environment. Throughout the 1930s, Elliott developed his Wave Principle, postulating the idea that undulating investor psychology manifests as fluctuating price movements, or what he called waves. Elliott realized traders’ actions were not erratic or chaotic; instead, their buying-and-selling activity formed identifiable price patterns, which reflected various stages of mass psychology. Elliott theorized that each pattern (or wave) became part of a larger, incomplete whole. The goal was an identification process to pinpoint a market’s current position. When one wave completes, it always becomes part of a larger, incomplete whole. Therefore, the ability to identify a market’s current position automatically provides the ability to predict future behavior for a specified time. Unfortunately, Elliott’s original theory lacked the logic, structure, and behavioral limits to accomplish his revolutionary vision.
Learn More: How does NEoWave and Elliott Wave differ?

The 21st century ...
NEoWave – Advancing the field of Wave theory

Glenn Neely has devoted three decades to advancing the concepts originally discovered by R.N. Elliott. The resulting technology, now called NEoWave, produces the first scientific, objective, and logical approach to Wave analysis. This precise, step-by-step process leads to stable, dependable Wave structure that allows for more consistently accurate market forecasts.
Learn More: What is NEoWave?

Learn more about NEoWave by visiting the section: NEoWave Explained
The same way calculus elevated mathematics beyond algebra and trigonometry, the logical, self-defining limits and self-confirming aspects of NEoWave raise the field of wave analysis above the realm of speculation and opinion and into the realm of science and fact.

The three core elements of Elliott Wave are:
  • the Fibonacci number series
  • pattern recognition
  • the Golden ratio (.618)
All three elements have a "forecasting" or "anticipatory" aspect, in which the analyst is expecting the market to move up or down a certain number of "waves," which adhere to a predictable design and have specific relationships.
The three core elements of NEoWave are:
  1. Logic (for example, a strong correction must yield a powerful move)
  2. Self-defining (a smaller degree pattern cannot take more time and price than a larger degree pattern)
  3. Self-confirming (strict requirements for post-pattern market behavior to determine whether your prior structural analysis was correct)
Because orthodox Elliott Wave lacks these advanced, NEoWave concepts, traditional Elliott Wave analysts frequently find themselves unable to determine which of multiple, contradictory wave counts, is the correct scenario.

For example, in 1988, Glenn Neely was one of the only bullish analysts in the world. At that time, many orthodox Elliott Wave practitioners were extremely bearish (and have remained that way to the present). On the other hand, Mr. Neely's bullish, long-term forecast stood alone and was heavily ridiculed. It was the logic of NEoWave that allowed Mr. Neely to remain so adamantly and confidently bullish on the U.S. stock market, even in the face of overwhelming, negative national and international news.

Later, it was NEoWave that allowed Glenn Neely to turn adamantly bearish on the U.S. stock market near the highs of 2000 and then, two years later, turn bullish again just six months after the 2002 low. Finally, in January of 2008 – once again, despite strong opposition – he turned adamantly bearish on the U.S. stock market. It was NEoWave that gave Mr. Neely the courage to announce in mid-January 2008 that a new bear market began and that there was virtually nothing that could be done to stop the downward, economic spiral wrought by the U.S. stock market for the next 4 to 6 years.

In its orthodox form, Elliott Wave never allows for such dogmatic forecasts. To the contrary, Elliott Wave typically generates multiple, completely contradictory scenarios. The simultaneous existence of bullish and bearish counts is of little value to traders.

With its step-by-step, logical approach, Glenn Neely's NEoWave has transformed – revolutionized – Elliott Wave. What began as R.N. Elliott's intriguing theory is now a more comprehensive and accurate market analysis and forecasting system.

Learn More: How does NEoWave and Elliott Wave differ?
View a past issue of the NEoWave Trading Service:
Click Here
Learn more about NEoWave Trading Service

View a past issue of the NEoWave Forecasting Service:
Click Here
Learn more about NEoWave Forecasting Service
For questions regarding subscriptions, please contact NEoWave Customer Service at CS@NEoWave.com.
Or call:
  • 1-800-636-9283 (toll-free in U.S. or Canada)
  • +949-480-7401 (international calls)

For technical questions regarding NEoWave trading strategies or forecasts, schedule a consultation to speak directly with Mr. Neely.
In 2009, Glenn Neely and NEoWave Institute formed Neely Investments LLC to manage capital for private investors. Neely Investments has partnered with a registered investment advisor and broker dealer to offer an investment fund.

Located in New York, Neely Investments is the world’s first and only portfolio management firm based on core NEoWave principles. The creation of Neely Investments and the investment fund are the culmination of Glenn Neely’s successful 30-year career in technical innovation and forecasting.

How to request performance data on the investment fund

To comply with U.S. laws, we are allowed to share fund performance only with qualified investors who specifically request this information. Therefore, we invite you to contact Magelan directly at Magelan@NEoWave.com to request an Accredited Investor form. Once completed and returned, our investment advisor will contact you. If you qualify as an accredited investor, you will receive performance results for the investment fund.

Learn more about NEoWave Money Management & Equity Fund

About Glenn Neely

Glenn Neely read about the Elliott Wave principle in 1982 and was fascinated by its implications. Wave theory captured his imagination! He has devoted 30 years to mastering and improving Wave analysis.

Mr. Neely invested many years in refining Elliott Wave theory to make it objective, practical, and consistently accurate. These efforts produced his now-famous NEoWave technology – a precise, step-by-step assessment of market structure that leads to low-risk, high-profit investing and trading.

In 1983, Mr. Neely created Elliott Wave Institute (now NEoWave, Inc.), which offers forecasting services and individualized training courses. In 1990, Mr. Neely published his advanced technologies in Mastering Elliott Wave, now regarded as a classic.

Learn more about NEoWave and Glenn Neely
Since 1981, Glenn Neely has devoted his career to mastering the Elliott Wave theory. In fact, his revolutionary NEoWave technology is the result of his three-decade commitment to perfecting Wave analysis and forecasting.

Due to his enviable track record of long-term market forecasting accuracy, Mr. Neely is internationally regarded as a premier Wave expert. (Mr. Neely’s forecasting and trading strategies are consistently ranked in Timer Digest's top 10 rankings.)

Mr. Neely's NEoWave technology provides a precise, step-by-step assessment of market structure, which leads to low-risk, high-profit investing and trading.

These advanced technologies are now taught in exclusive, private courses in which traders learn the skills of professionals to improve their bottom line.

Recently, Mr. Neely launched Neely Investments LLC to manage and direct private funds globally.

Learn more about NEoWave and Glenn Neely
View Trading Service performance
View Top Timer recognitions
Glenn Neely is regarded as one of the world's most accurate and innovative Wave analysts. His NEoWave services regularly appear in Timer Digest's listing of "Top 10 most profitable" advisory services.

View Trading Service performance
View Top Timer recognitions
For technical questions regarding NEoWave trading strategies or forecasts, schedule a consultation to speak directly with Mr. Neely.

TRADING Service

With a focus on effective trades and capital preservation, this trading service offers an uncommon level of detail and specificity. No guesswork is required. And there's no need to spend your time analyzing markets. This service does the work for you – just read the updates and place your orders.

NEoWave’s Trading service provides detailed recommendations for these markets:
  • World Equities: Stocks, ETFs, and Options for all major foreign and US markets including the S&P
  • Commodities: ETFs and Options for Gold, Platinum, Palladium, Silver, and other precious commodities
  • Currencies: ETFs and Options for all major world currencies including the US Dollar (USD), Euro (EUR), and British Pound (GBP)
  • Fixed Income: This category includes Stocks, ETFs, and Options for Bonds, T-Notes, Utilities, and Real Estate

Here’s what you get:
  • Precise entry, stop-management, and exit strategies; instructions are released by email as needed, depending on market activity
  • A strong focus on risk control and capital preservation
  • Occasional emergency updates when markets are fast-moving or volatile

Here's a sample of what you'll receive: Click to enlarge
Click Here
Learn more about NEoWave Trading Service
The NEoWave Trading Service provides precise trading recommendations for:
  • World Equities: Stocks, ETFs, and Options for all major foreign and US markets including the S&P
  • Commodities: ETFs and Options for Gold, Platinum, Palladium, Silver, and other precious commodities
  • Currencies: ETFs and Options for all major world currencies including the US Dollar (USD), Euro (EUR), and British Pound (GBP)
  • Fixed Income: This category includes Stocks, ETFs, and Options for Bonds, T-Notes, Utilities, and Real Estate
You can view detailed NEoWave Trading Service performance data on this website.

While many stock market advisors do not follow up on past recommendations (especially their bad calls) or publish a track record, NEoWave regularly updates trading performance that is readily available to customers and the general public. View the detailed Excel spreadsheet, plus companion charts showing accumulated, yearly and individual market performance for every Daily and Weekly NEoWave trade recommendation since January 2007 for the S&P, Gold, Notes, and Euro currency.
View NEoWave Trading Service performance
The NEoWave Trading service provides precise entry, stop-management, and exit strategies – instructions are released by email as needed, depending on market activity.

Occasional emergency updates are released when markets are fast-moving or volatile.
Learn more about NEoWave Trading Service
The NEoWave Trading Service provides precise trading recommendations for World Equities (Stocks, ETFs, and Options); Commodities (ETFs and Options); Currencies (ETFs and Options); and Fixed Income (Stocks, ETFs, and Options). The price for each market:

Duration Price
1 year: $300 per market
1 month: $30 per market

Learn more about NEoWave Trading Service
The NEoWave Trading Service is ideal for busy professionals (including money managers and brokers) who don’t have time to design their own trading strategies but want expert guidance. This service offers precise, detailed trading instructions with a strong focus on capital preservation.

Learn more about NEoWave Trading Service
View Trading Service performance
The NEoWave Trading Service provides recommendations for World Equities (Stocks, ETFs, and Options); Commodities (ETFs and Options); Currencies (ETFs and Options); and Fixed Income (Stocks, ETFs, and Options).

Exchange Traded Funds (ETFs) trade just like any stock, so you can trade them with almost any amount of money. The ETFs we recommend are non-leveraged, which makes them great for our risk-averse clients and for those with limited investment capital.

For those new to the markets, many NEoWave customers subscribe to our Trading Services simply to learn proper market entry, exit, and stop-placement techniques. Commonly called "paper trading," this activity does not risk any capital.

Learn more about the NEoWave Trading Service
While a significant number of our customers are highly experienced or professional traders, following Mr. Neely’s trading advice to-the-letter requires little additional knowledge.

With a focus on effective trades and capital preservation, this trading service offers an uncommon level of detail and specificity. No guesswork is required. And there's no need to spend your time analyzing markets. This service does the work for you – just read the updates and place your orders. This trading service provides detailed recommendations for all major world equities, commodities, currencies, and fixed income.

If your comfort level with markets is low, or your experience is limited, you may simply want to use our Trading Services to learn how an expert enters various market environments, places stops, controls risk, etc. This process is commonly called "paper trading" and is a way to learn without risking your hard-earned capital.

If you are a beginner trader or simply want to test drive the NEoWave services, consider starting with the $39 Trial Subscription.

Learn more about NEoWave Trial Service
Glenn Neely's Elliott Wave analysis and NEoWave trading techniques have evolved over more than 30 years of real-world forecasting and trading. Over the decades, Mr. Neely came to a shocking realization. In his words: "It was important to remove forecasting from the trading process as much as possible, if not completely."

This astonishing realization brought forth Mr. Neely's extremely insightful perspective – and proven approach – to real-world trading that reaps profits. Instead of pursuing "Elliott Wave Trading" like other Wave theory analysts, Glenn Neely developed his unique Neely River Trading Technology.
Read More: Neely River Technology Enhances Elliott Wave Trading
Sign up for a 2-week, $39 Trial Service. With this special offer, you receive ALL NEoWave Forecasting and Trading updates – the same updates our clients receive – over a 2-week period.

Learn more about NEoWave Trial Service
For technical questions regarding NEoWave trading strategies or forecasts, schedule a consultation to speak directly with Mr. Neely.
While trading and forecasting are risky endeavors, we want customers to be satisfied with the information in our NEoWave services. To achieve this, NEoWave offers the following Refund Policy.

We offer prorated refunds on all annual subscriptions to the NEoWave Trading and Forecasting services.

To request a prorated refund, contact NEoWave’s Customer Service:
  • CS@NEoWave.com
  • 1-800-636-9283, Ext. 2 (USA residents)
  • 949-480-7406 (Non-USA residents)

Please note that refunds are not available for:
  • NEoWave Trial subscription
  • 1-month subscription for the NEoWave Trading or Forecasting services
  • Any discounted subscription for the NEoWave Trading or Forecasting services
  • Consultations and training courses with Glenn Neely
  • Mastering Elliott Wave book (NEoWave does not sell this book directly)

FORECASTING Service

The NEoWave Forecasting Service is an educational tool designed to teach you NEoWave concepts and techniques to improve your own market analysis.

Service details:
  • The Forecasting Service reveals how an expert Wave analyst applies and interprets rules on a real-time basis.
  • All updates are transmitted via email.
  • Choose from four of the world’s largest markets: the S&P, Gold, Euro currency, or T-Notes.
Here's a sample of what you'll receive: Click to Enlarge
Click Here
Learn more about NEoWave Forecasting Service
NEoWave's Forecasting service presents forecasting charts that employ weekly, monthly, and 1/2 yearly "wave charts" using cash data on 4 these markets:
  • The S&P 500
  • Gold
  • T-Notes
  • Euro currency
Timer Digest, a highly-respected online publication, ranks stock market forecasters and analysts relative to other technical trading professionals. For nearly 2 decades, Timer Digest has consistently placed Glenn Neely in its list of Top S&P, Gold, and Bond Timers. Click to view a list of recent and past highlights, which establishes Mr. Neely's impressive performance relative to other leading technical analysts.

View Top Timer recognitions
Receive wave charts and Glenn Neely's insightful analysis for the following 3 timeframes for every market you choose – S&P, Gold, T-Notes, or Euro:
  • WEEKLY – If you want to learn how to apply NEoWave forecasting techniques to short-term wave charts (employing weekly data), this is the perfect timeframe for you.
  • MONTHLY – If you're looking for intermediate-term market insight and Wave theory education, plus you’re a do-it-yourself investor, focus on these charts (employing monthly data).
  • 1/2 YEARLY – Published to subscribers in January and July, these long-term wave charts (employing 6-monthly data) offer significant perspective.
Learn more about NEoWave's Forecasting Service
No matter which NEoWave Forecasting Service you choose – the S&P, Gold, Euro currency, or T-Notes. The price for each market:

Duration Price
1 year $179 per market
1 month $21 per market

Learn more about NEoWave Forecasting Service
Learn from Mr. Neely's 30 years of technical and analytical experience. The purpose of this service is to teach you how to properly apply Elliott Wave concepts and NEoWave logic to real-world price charts. Over time, this educational experience will dramatically enhance your ability to label and predict markets, in real-time, on a short-, intermediate-, and long-term basis.

Learn more about NEoWave Forecasting Service
View Top Timer recognitions
For those simply looking for market direction, no knowledge of Wave theory is required, since Mr. Neely usually plots expected, future price action right on each chart (when possible). If your desire is to learn or improve your understanding of Wave theory, we recommend you purchase Mr. Neely’s book, Mastering Elliott Wave - an extremely useful reference for the various Elliott Wave and NEoWave patterns discussed and dissected in his weekly updates.

Learn more about Mastering Elliott Wave
For technical questions regarding NEoWave trading strategies or forecasts, schedule a consultation to speak directly with Mr. Neely.
Sign up for a 2-week, $39 Trial Service. With this special offer, you receive ALL NEoWave Forecasting and Trading updates – the same updates our clients receive – over a 2-week period.

Learn more about NEoWave Trial Service
Here is Mr. Neely's response: "Since 1982, I have never considered producing such a product. Why? It is a waste of time. Over time, Wave theory grows, expands, and evolves, yet computers cannot reason or adapt. In 1987, when I started writing Mastering Elliott Wave, market behavior and pattern development were very different than they are now. I could have hired a team to code every rule and concept back then, but market behavior changed in the late 1990s, which produced new, more complex, and unusual patterns (for example NEoWave Diametrics, Neutral Triangles, Symmetricals, 3rd Extension Terminals, and other pattern variations not discovered prior to writing Mastering Elliott Wave). Consequently, after years of tedious work to 'finish' the software product, the programming team would have to begin again in order to teach the computer to adapt to new Wave patterns and behavior. This phenomenon would continue ad infinitum.

"On the other hand, the human mind can extrapolate, interpolate, induce, deduce, reason, brainstorm, curve fit, rationalize, and adapt very quickly. For that reason, if you take the time to learn and understand the basics of Elliott Wave and the advanced logic and confirmation rules of NEoWave, you can – on the fly – adapt and logically combine information in new and complex ways (ways that a computer never could). As a result, spending the time to learn NEoWave concepts is easier, more efficient, and more effective than spending years trying to train a computer to understand, interpret, label, and forecast based on past standards of behavior."

Read More: FAQs about Wave Software
While trading and forecasting are risky endeavors, we want customers to be satisfied with the information in our NEoWave services. To achieve this, NEoWave offers the following Refund Policy.

We offer prorated refunds on all annual subscriptions to the NEoWave Trading and Forecasting services.

To request a prorated refund, contact NEoWave’s Customer Service:
  • CS@NEoWave.com
  • 1-800-636-9283, Ext. 2 (USA residents)
  • 949-480-7406 (Non-USA residents)

Please note that refunds are not available for:
  • NEoWave Trial subscription
  • 1-month subscription for the NEoWave Trading or Forecasting services
  • Any discounted subscription for the NEoWave Trading or Forecasting services
  • Consultations and training courses with Glenn Neely
  • Mastering Elliott Wave book (NEoWave does not sell this book directly)

$39 TRIAL Service

Your NEoWave Trial Subscription delivers two services – Trading and Forecasting updates.
  • NEoWave's Trading service provides detailed recommendations on the following markets: World Equities, Commodities, Currencies, and Fixed Income.
  • NEoWave's Forecasting service presents Wave charts for 3 timeframes (Weekly, Monthly, 6-Monthly) on these markets: S&P 500, Gold, Euro, and Notes.
  • All updates are sent via email. Historical updates can be accessed on our website via your personal account.
Sign up for the NEoWave Trial Service
The $39 Trial Subscription lasts 2 weeks. With this special offer, you receive ALL NEoWave Forecasting and Trading updates – the same updates our clients receive – over a 14-day period.

Sign up for the NEoWave Trial Service
The 2-week Trial Subscription is designed as an introduction for those who have never been a NEoWave customer. If you are having trouble signing up, it is likely you have subscribed to at least one NEoWave service (including the Trial Subscription) within the last six months.

Sign up for the NEoWave Trial Service

Training & Education

Mastering Elliott Wave book – The result of years of training, research, and real-time trading, Mr. Neely's revolutionary book presents the first, scientific, objective, step-by-step approach to Wave analysis ever devised.
Learn More

Question of the Week – This is an excellent resource and learning tool where you can regularly access new questions, submit your own queries, or search a Library of Past Questions to learn about orthodox Elliott Wave, real-world trading techniques, and the logical foundation of NEoWave.
Learn More

NEoWave Explained – Get answers to common questions about NEoWave, Elliott Wave, and Wave theory.
Learn More

Interviews with Glenn Neely – In these thought-provoking recorded interviews, Mr. Neely shares wisdom, predictions, and insights from his 30 years in the futures business.
Learn More

NEoWave Consultation – For a limited time each week, Mr. Neely is available to answer your questions, provide guidance, and offer individualized advice regarding your unique trading or forecasting situation.

Advanced Wave Analysis Course – Learn advanced Wave analysis directly from NEoWave founder Glenn Neely. This live-training course takes you beyond orthodox Elliott Wave, providing a step-by-step logical foundation for better forecasting and trading.
Learn More

Professional Trading Course – This comprehensive real-time trading course, taught personally by Mr. Neely, avoids academic and theoretical discussions of market action and trend forecasting. Instead, this course focuses on the real-world trading techniques required to limit risk, preserve capital, and profit from future market movement.
Learn More

NEoWave FREE Tools – Bolster Your Elliott Wave Trading and Forecasting with these 2 Powerful NEoWave Tools
Learn More
NEoWave Consultation – For a limited time each week, Mr. Neely is available to answer your questions, provide guidance, and offer individualized advice regarding your unique trading or forecasting situation.

Advanced Wave Analysis Course – Learn advanced Wave analysis directly from NEoWave founder Glenn Neely. This live-training course takes you beyond orthodox Elliott Wave, providing a step-by-step logical foundation for better forecasting and trading.
Learn More

Professional Trading Course – This comprehensive real-time trading course, taught personally by Mr. Neely, avoids academic and theoretical discussions of market action and trend forecasting. Instead, this course focuses on the real-world trading techniques required to limit risk, preserve capital, and profit from future market movement.
Learn more about NEoWave Professional Trading Course
Mastering Elliott Wave book – The result of years of training, research, and real-time trading, Mr. Neely's revolutionary book presents the first, scientific, objective, step-by-step approach to Wave analysis ever devised.

Learn More
NEoWave Consultation – For a limited time each week, Mr. Neely is available to answer your questions, provide guidance, and offer individualized advice regarding your unique trading or forecasting situation.

Learning More

For questions regarding subscriptions, please contact NEoWave Customer Service at CS@NEoWave.com.
Or call:
  • 1-800-636-9283 (toll-free in U.S. or Canada)
  • +949-480-7401 (international calls)

For technical questions regarding NEoWave trading strategies or forecasts, schedule a consultation to speak directly with Mr. Neely.
Sociall media is the best way to get his message out quickly - Follow Glenn Neely for updates on NEoWave products & services, educational resources, promotions, upcoming classes, special announcements and even trading & forecasting alerts. You can follow him at: