Tag Archives: chart of s&p500 prices

S&P 500 Elliott Wave Technical Analysis – 4th April, 2017

Upwards movement was expected for Tuesday’s session. The session completed a green daily candlestick, but it was an inside day with no new high.

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S&P 500 Elliott Wave Technical Analysis – 11th January, 2017

Although today’s daily candlestick closed green, it made a lower high and a lower low (which is the definition of downwards movement). This was expected for the Elliott wave count.

The short term resistance line on the hourly chart neatly showed where upwards movement for the session ended.

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S&P 500 Elliott Wave Technical Analysis – 23rd November, 2016

Upwards movement was expected again. A green daily candlestick was printed, but it is technically an inside day with no new high.

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S&P 500 Elliott Wave Technical Analysis – 12th July, 2016

The two daily Elliott wave counts today are judged to have about an even probability.

Assume the trend is the same, until proven otherwise.

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S&P 500 Elliott Wave Technical Analysis – 20th June, 2016

Upwards movement unfolded as expected for the session.

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S&P 500 Elliott Wave Technical Analysis – 1st June, 2016

Price moved lower as expected but ended the session higher to complete a green candlestick.

Price remained below the invalidation point on the hourly chart for the session.

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S&P 500 Elliott Wave Technical Analysis – 25th April, 2016

Price moved lower to sit on the support line. How price behaves tomorrow now that the line is met will indicate which hourly Elliott wave count is more likely.

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S&P 500 Elliott Wave Technical Analysis – 4th March, 2016

Price moved higher to 2,009, above the target which was 2,002 or 2,004.

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