Monthly Archives: November 2016

S&P 500 Elliott Wave Technical Analysis – 30th November, 2016

Upwards movement was expected for Wednesday’s session.

Although the candlestick closed red, it did make a higher high and a higher low from the prior day.

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S&P 500 Elliott Wave Technical Analysis – 29th November, 2016

Price remains above the invalidation point on the hourly Elliott wave count.

The small downwards movement for today still fits with overall expectations.

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S&P 500 Elliott Wave Technical Analysis – 28th November, 2016

Price remains above the invalidation point on the hourly Elliott wave count.

The small downwards movement for today still fits with overall expectations.

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S&P 500 Elliott Wave Technical Analysis – 25th November, 2016

Upwards movement continued, fitting the alternate hourly Elliott wave count better than the main Elliott wave count. The target remains the same.

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

Upwards movement was expected again. A green daily candlestick was printed, but it is technically an inside day with no new high.

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

A new all time high indicates the S&P is still in a bull market. Dow Theory has confirmation.

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S&P 500 Elliott Wave Technical Analysis – 18th November, 2016

A slight new high and then downwards movement was expected for Friday. This is exactly what happened.

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S&P 500 Elliott Wave Technical Analysis – 17th November, 2016

Yesterday’s analysis again expected downwards movement. This is not what happened.

The invalidation point on the hourly chart was breached by upwards movement.

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NZDUSD Elliott Wave Technical Analysis – 16th November, 2016

Another possible opportunity may be coming up in another week or two for the NZDUSD pair, so it will be watched closely.

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