Monthly Archives: January 2015

S&P 500 Elliott Wave Technical Analysis – 30th January, 2015

Both Elliott wave counts remain valid as price unfolded within a range on Friday`s session, and price has still not confirmed either Elliott wave count.

Continue reading S&P 500 Elliott Wave Technical Analysis – 30th January, 2015

S&P 500 Elliott Wave Technical Analysis – 29th January, 2015

Price has still not confirmed either Elliott wave count, and they both remain valid.

Continue reading S&P 500 Elliott Wave Technical Analysis – 29th January, 2015

S&P 500 Elliott Wave Technical Analysis – 28th January, 2015

Downwards movement was expected for both Elliott wave counts.

Continue reading S&P 500 Elliott Wave Technical Analysis – 28th January, 2015

S&P 500 Elliott Wave Technical Analysis – 27th January, 2015

Downwards movement was expected for the main Elliott wave count and upwards movement was expected for the alternate.

Continue reading S&P 500 Elliott Wave Technical Analysis – 27th January, 2015

S&P 500 Elliott Wave Technical Analysis – 26th January, 2015

Downwards movement was expected for Monday. The session did begin with downwards movement, but that was retraced to complete a green candlestick.

Continue reading S&P 500 Elliott Wave Technical Analysis – 26th January, 2015

S&P 500 Elliott Wave Technical Analysis – 23rd January, 2015

Upwards movement was expected for Friday’s session. The Elliott wave counts remain mostly the same.

Continue reading S&P 500 Elliott Wave Technical Analysis – 23rd January, 2015

S&P 500 Elliott Wave Technical Analysis – 22nd January, 2015

Upwards movement was expected for Thursday’s session. The Elliott wave counts remain the same.

Continue reading S&P 500 Elliott Wave Technical Analysis – 22nd January, 2015

S&P 500 Elliott Wave Technical Analysis – 21st January, 2015

A new low was expected to begin the session. The upwards trend should have resumed.

Continue reading S&P 500 Elliott Wave Technical Analysis – 21st January, 2015

S&P 500 Elliott Wave Technical Analysis – 20th January, 2015

Generally speaking the S&P 500 unfolded towards the upside as expected. However, the latest upwards movement did not unfold in a five wave structure, and is clearly corrective and that suggests that the structure we have been following is still incomplete.

Continue reading S&P 500 Elliott Wave Technical Analysis – 20th January, 2015

S&P 500 Elliott Wave Technical Analysis – 16th January, 2015

The S&P 500 continued its range bound movement. Two points became even clearer by today`s price action. First, the S&P 500 has been going through a consolidation phase. Second, this consolidation phase has more to offer and still is incomplete.

Continue reading S&P 500 Elliott Wave Technical Analysis – 16th January, 2015