Education / NEoWave Explained / Which markets does NEoWave follow?

Which markets does NEoWave follow?

Which markets are appropriate for applying NEoWave or orthodox Elliott Wave?

You can apply Wave theory (NEoWave or orthodox Elliott Wave) to virtually any market, with one important exception. Keep in mind that NEoWave is an extension of Elliott Wave. In fact, you'll often hear it described as "advanced Wave theory."
NEoWave is going beyond Elliott Wave

When thinking about which market to follow with Wave theory (whether it's NEoWave or orthodox Elliott Wave), you must understand the "ideal foundation" of Wave theory. Wave theory is based on tracking mass psychology, so it requires markets in which the primary foundation is psychology. This is why Wave theory should be applied to markets that are 1) man-made and 2) have perpetual life. These two criteria must be met when attempting to apply Wave theory to a particular market. Examples include the S&P 500, Gold, T-Notes, and Euro.

In contrast, agricultural products – which are nature-made and have limited shelf-life – are NOT good candidates for Wave analysis. To be clear, Wave theory should NEVER be applied to agricultural products.

Which markets does NEoWave's FORECASTING service follow?

The NEoWave Forecasting service follows these four major markets:
The S&P 500, GOLD, T-NOTES, and EURO

To learn more about following (and applying) NEoWave theory to these markets, Glenn Neely offers the NEoWave Forecasting service. This educational service presents REAL-TIME charts, detailed comments on Wave structure, and includes NEoWave analysis by Mr. Neely. The NEoWave Forecasting service analyzes weekly, monthly and 1/2-yearly time frames for each of the above markets.

More about NEoWave FORECASTING

NEoWave FORECASTING Service – Only $21/month

Forecasting by NEoWave founder GLENN NEELY

NEoWave Forecasting

Choose from:

S&P 500, GOLD, T-NOTES, and EURO


Which markets does NEoWave's TRADING service follow?

The NEoWave Trading Service provides detailed recommendations on these ETF-focused market categories:

  • Equities – Covers ETFs and Options on major U.S. markets and sectors including the S&P
  • Commodities – Tracks ETFs and Options on Energy, Metals, and Agricultural sectors
  • Foreign Markets & Currencies – Follows ETFs and Options on foreign countries (i.e. Japan, Europe, Asia) and major world currencies (i.e. US Dollar, Euro, British Pound)
  • Fixed Income – Includes ETFs and Options on Bonds, Real Estate, and Utilities

This service is ideal for traders who's focus is making money and protecting capital. It is also great for busy professionals (including money managers and brokers) who don't have the time to design their own trading strategies.

More about NEoWave TRADING

NEoWave TRADING Service – Only $30/month

powered by NEELY RIVER Trading Technology

Neely River Trading Technology

Choose from:

Equities, Commodities, Foregn Markets & Currencies, & Fixed Income