Tag Archives: 2018 s&p 500 elliott wave analysis

S&P 500: Elliott Wave and Technical Analysis | Charts – 11th December, 2018

Yesterday’s analysis expected a low was in place. Today a higher high and a higher low fits the definition of upwards movement, although the candlestick closed red. The Elliott wave count remains the same and the target remains the same.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 11th December, 2018

S&P 500: Elliott Wave and Technical Analysis | Charts – 21st September, 2018

Upwards movement for the week to new all time highs was expected for the main Elliott wave count.

Also, upwards movement for the week has invalidated the alternate Elliott wave count. When alternate wave counts are invalidated, then more confidence may be had in the main wave count.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 21st September, 2018