Elliott Wave Export & NEoWave Founder

Glenn Neely

Elliott Wave Expert and NEoWave Creator

Glenn Neely is a financial analyst and Elliott Wave expert, known for developing NEoWave, a rule-based extension of R.N. Elliott’s Wave Principle. He specializes in Elliott Wave theory, technical analysis, market structure, and wave pattern forecasting in financial markets.

Elliott Wave & NEoWave Theory

With more than four decades of market forecasting experience, Glenn Neely is recognized for transforming traditional Elliott Wave analysis into a more structured and objective methodology. After first studying the work of R. N. Elliott in 1980, Neely spent years applying Wave Theory in real-time market conditions, identifying both its strengths and limitations.

Through this process, he developed NEoWave, a rule-based advancement designed to improve the logic, consistency, and reliability of wave analysis. His work introduced new patterns, structural relationships, and analytical rules that elevated Elliott Wave theory into a more systematic framework for understanding market behavior.

To bring greater logic and objectivity to wave analysis, Neely introduced a range of new structural rules, patterns, and analytical techniques that expanded the traditional framework. These include:

  • New pattern formations, such as diametrics, symmetricals, and advanced triangle variations
  • Analytical concepts, including the use of “middle markings” to help identify the most probable wave structure
  • Objective rules, such as identifying the largest and fastest move on a chart to determine structural trend direction and differentiate it from corrective waves
    For example: The largest and fastest move on a chart will always be wave-1, 3, 5, a, c, or e. It will never be wave-2, 4, b, d, or x.

These innovations help reduce subjectivity and provide a more consistent, rules-based approach to interpreting market behavior.
👉 Learn more about the NEoWave methodology at NEoWave.com

Selected Publications:

Watch Glenn Neely Explain NEoWave Concepts:

Glenn Neely explains data cash vs future data using NEoWave theory

Data Cash vs Future Data Using NEoWave Theory

Glenn Neely shares Elliott Wave charting tips using NEoWave methodology

Elliott Wave Charting Tips Using NEoWave

Glenn Neely explains NEoWave self confirmation and wave validation techniques

NEoWave Self Confirmation Explained

Glenn Neely long term market forecast to 2060 using NEoWave analysis

Long Term Market Forecast to 2060

Mastering Elliott Wave

Published in 1990, Mastering Elliott Wave established Glenn Neely as a leading figure in modern market analysis. The book introduced a step-by-step, rule-based approach to wave interpretation, addressing the subjectivity found in traditional methods.

By defining new patterns, concepts, and structural rules, Neely provided traders and analysts with a more comprehensive framework for forecasting market behavior. The work remains a foundational resource for those seeking a deeper and more disciplined understanding of wave analysis.
👉 Explore the book and study resources at MasteringElliottWave.com

Technical Market Analysis in Forecasting

Neely’s approach to market forecasting is grounded in the idea that price movement must be analyzed through a combination of structure, time, and logic—not interpretation alone. His methodologies emphasize real-time application, allowing analysts to evaluate evolving market conditions with greater consistency.

Through decades of research, publishing, and teaching, he has demonstrated how disciplined analysis can reduce uncertainty and improve decision-making in financial markets.
👉 View long-term forecasts and analysis at ElliottWaveForecast2060.com

NEELY RIVER Trading

Building on his work in forecasting, Glenn Neely developed the NEELY RIVER Trading methodology to address the gap between analysis and execution. While forecasting identifies probable market direction, trading success depends on managing risk, protecting capital, and responding effectively to changing conditions; specifically, exact entry points, letting profits run, or exiting to cut losses.

Inspired by the concept that markets behave like a flowing river, this methodology focuses on three core principles:

  • Protect capital and preserve profits
  • Let profitable positions develop
  • Exit losing trades quickly and without emotion

Rather than attempting to control the market, the NEELY RIVER approach emphasizes adapting to it, helping traders remain consistent over time.
👉 Learn more about NEELY RIVER trading and training at NEoWave.com

Market Analysis and Trading Technology

In addition to his theoretical contributions, Neely has focused extensively on trader behavior and performance. His work highlights the structural and psychological challenges that impact decision-making, offering practical insights to help traders improve consistency and long-term results.

Trading Software on TradeStation

To support the practical application of his methodologies, Glenn Neely has developed trading tools designed to integrate structured analysis with real-time execution. These tools are available on platforms such as TradeStation, helping traders apply rule-based decision-making within their trading environment.

👉 Explore NEELY RIVER trading software and tools at NEoWave.com

Media Appearances and Published Works

For more than four decades, Glenn Neely has been a featured speaker at international financial conferences and a respected source for media commentary on market analysis and forecasting. He has appeared in leading financial outlets, including Barron’s financial investment news, and has been interviewed by Richard Saxton on Market Talk (a Los Angeles business channel). He is a regular guest expert on Ike Iossif’s MarketViews financial analysis platform. Glenn Neely’s articles and interviews have been published in the Los Angeles Times, Reuters, and Traders World magazine. Notably, Timer Digest has recognized Glenn Neely as a Top 10 Timer more than 100 times over 25 years, reflecting the consistency and long-term performance of his stock market analysis.

Media Appearances

Publications