More sideways movement was expected for Tuesday’s session. Price has moved higher but has not made a new all time high, which fits fairly well with the expectations at the daily chart level.
Sideways movement was expected for Monday, which is exactly what happened.
Upwards movement to a target at 2,448 to 2,450 was expected. Price moved higher to reach 2,446.20 before turning strongly downwards on Friday. Price fell just 1.8 points short of the 2 point target zone.
Price has moved higher as last analysis expected. The Elliott wave target remains the same.
Downwards movement was expected to most likely be a small pullback within an ongoing upwards trend.
The pullback has remained above the invalidation point, as expected. The target is slightly adjusted; the Elliott wave target is now only 2 points from the classic analysis target.
Downwards movement was expected. Another red daily candlestick has made a new low.
Downwards movement was expected. Price has moved sideways to print a red daily candlestick.
Upwards movement was expected. The Elliott wave target has been reached, but the classic technical analysis target using the measured rule has not yet been reached.
Upwards movement was expected to continue. The targets remain the same.
An outside day moved price lower to start the session.