Monthly Archives: March 2017

S&P 500 Elliott Wave Technical Analysis – 30th March, 2017

Upwards movement continues as the Elliott wave count expects overall at the daily chart level.

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S&P 500 Elliott Wave Technical Analysis – 29th March, 2017

A small inside day fits within the Elliott wave count. The candlestick closed green and the balance of volume for the session was upwards. Overall, today may be read as neutral.

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S&P 500 Elliott Wave Technical Analysis – 28th March, 2017

Price has moved higher for Tuesday as expected. A new high above 2,354.54 supports the main wave count over the alternate.

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S&P 500 Elliott Wave Technical Analysis – 27th March, 2017

Monday was expected to be an upwards day, but this is not what happened.

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S&P 500 Elliott Wave Technical Analysis – 24th March, 2017

A little downwards movement to below 2,340.51 but not below 2,336.45 was expected during Friday’s session.

Price did move lower, but it made a slight new low below 2,336.45, which was not expected.

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S&P 500 Elliott Wave Technical Analysis – 23rd March, 2017

Price moved overall upwards with a higher high and a higher low for the session. Upwards movement was expected.

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S&P 500 Elliott Wave Technical Analysis – 22nd March, 2017

Price moved a little lower before bouncing upwards to close green at the end of the session.

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S&P 500 Elliott Wave Technical Analysis – 21st March, 2017

Downwards movement continued, as expected, and found support at three different trend lines.

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S&P 500 Elliott Wave Technical Analysis – 20th March, 2017

Another downwards day has unfolded as expected to start the new trading week. The Elliott wave count remains the same and has support from volume and ADX.

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