Yearly Archives: 2016

S&P 500 Elliott Wave Technical Analysis – 23rd December, 2016

Another very small range day moved price essentially sideways fitting the Elliott wave count for the short term.

Two hourly Elliott wave counts are provided to end the year, with the one daily Elliott wave count remaining the same.

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S&P 500 Elliott Wave Technical Analysis – 22nd December, 2016

Another downwards day remains within the range of recent movement. The short term Elliott wave structure at the hourly chart level is relabelled, and the Elliott wave target remains the same.

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S&P 500 Elliott Wave Technical Analysis – 21st December, 2016

A downwards day remains within the small pattern forming.

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S&P 500 Elliott Wave Technical Analysis – 20th December, 2016

Upwards movement was expected for the second hourly Elliott wave count.

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S&P 500 Elliott Wave Technical Analysis – 19th December, 2016

A small inside day continues a small consolidation, which was what both the daily and two hourly Elliott wave counts expected.

The alternate hourly Elliott wave count will be discarded today.

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S&P 500 Elliott Wave Technical Analysis – 16th December, 2016

Friday was expected to begin with some upwards movement, which is how the session began, but price did not move as high as was expected.

Overall, sideways movement was expected for a consolidation, which is what is happening.

Continue reading S&P 500 Elliott Wave Technical Analysis – 16th December, 2016

S&P 500 Elliott Wave Technical Analysis – 15th December, 2016

A green daily candlestick has unfolded exactly as expected for Thursday’s session.

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S&P 500 Elliott Wave Technical Analysis – 12th December, 2016

Upwards movement was expected for Monday’s session. Price today has made a new all time high.

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