S&P 500 Elliott Wave Technical Analysis – 18th September, 2017

Last end of week analysis warned that On Balance Volume supported the alternate Elliott wave count and a target for more upwards movement was given. Price has moved higher as that wave count expected and the On Balance Volume signal is now clear and strong.

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S&P 500 Elliott Wave Technical Analysis – 14th September, 2017

Price completed an outside day, mostly sideways movement to close as a small range doji. On Balance Volume gives another important signal today which may tell us what direction price may move tomorrow.

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S&P 500 Elliott Wave Technical Analysis – 13th September, 2017

Again, last analysis warned that upwards movement may not be over and outlined what to look for to see if it was. There was room for more upwards movement, which is what has happened. A strong warning may come from On Balance Volume in the next 24 hours.

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S&P 500 Elliott Wave Technical Analysis – 8th September, 2017

The short term outlook from last analysis expected a short spike up to just above 2,467.57 and then a downturn. This is not what happened. Price has moved sideways in a small range suggesting a small Elliott wave triangle.

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