S&P 500 Elliott Wave Technical Analysis – 9th March, 2017

Downwards movement is again unfolding as the Elliott wave count and classic technical analysis expected.

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

Downwards movement is unfolding as the Elliott wave count and classic technical analysis expected.

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S&P 500 Elliott Wave Technical Analysis – 7th March, 2017

Another day of downwards movement was expected from the Elliott wave count and from classic technical analysis.

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S&P 500 Elliott Wave Technical Analysis – 6th March, 2017

A new low below 2,371.54 invalidated the hourly Elliott wave count and indicated a pullback has likely arrived.

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S&P 500 Elliott Wave Technical Analysis – 3rd March, 2017

An upwards day was expected for Friday. Price made a lower low and lower high, the definition of a downwards day, but the session closed green.

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

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S&P 500 Elliott Wave Technical Analysis – 2nd March, 2017

Downwards movement for the day remains above the invalidation point and the breakaway gap is offering support. Volume analysis today may help to determine the direction for tomorrow.

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S&P 500 Elliott Wave Technical Analysis – 1st March, 2017

A new high above 2,367.79 confirmed the alternate hourly wave count, which expected more upwards movement with an increase in momentum to a target at 2,397. The high for the day was 2,400.98.

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

A downwards day was expected for Tuesday’s session.

There are only now two hourly Elliott wave counts.

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

Upwards movement was not expected for Monday. The main Elliott wave count expected downwards movement for the session.

The current situation has multiple possibilities and for members today three hourly Elliott wave counts are again presented along with some cautious trading advice on how to approach this market.

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

A downwards day was not expected for Friday. The slight new lower high and lower low essentially moved price sideways for the session.

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