All posts by Lara

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

The main Elliott wave count expected upwards movement. This happened at the end of the session for the candlestick to close green, but a lower low and a lower high for the session saw price overall move down from the prior day.

Continue reading S&P 500 Elliott Wave Technical Analysis – 23rd June, 2017

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

Price remains above the invalidation point, but the closure of the last gap and price moving back down into the prior consolidation zone puts the breakout as false. The gap was a pattern gap and not a breakaway gap.

Continue reading S&P 500 Elliott Wave Technical Analysis – 21st June, 2017