Tag Archives: elliot wave atockmarket

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

Price moved overall upwards with a higher high and a higher low for the session. Upwards movement was expected.

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

Downwards movement continued, as expected, and found support at three different trend lines.

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S&P 500 Elliott Wave Technical Analysis – 17th March, 2017

On Friday another downwards day unfolded exactly as expected for the S&P500.

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S&P 500 Elliott Wave Technical Analysis – 15th March, 2017

A very short term target expected some upwards movement for one or two days to a target zone at 2,380 to 2,383. Price moved higher as expected for Wednesday’s session, reaching 2,390.01.

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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 – 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 – 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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S&P 500 Elliott Wave Technical Analysis – 16th February, 2017

Thursday’s session was expected as very likely to see price move lower due to strong and unusual divergence between price and VIX for Wednesday’s session, which was interpreted as bearish.

Thursday made a slightly higher high and a higher low, the definition of upwards movement, but the candlestick closed red and the balance of volume for the session was downwards.

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