Tag Archives: elliot wave stock market

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.

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

S&P 500 Elliott Wave Technical Analysis – 22nd March, 2017

Price moved a little lower before bouncing upwards to close green at the end of the session.

Continue reading S&P 500 Elliott Wave Technical Analysis – 22nd March, 2017

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

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

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

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

Price moved lower for the session, which was what was expected for the short term from the hourly Elliott wave count.

Continue reading S&P 500 Elliott Wave Technical Analysis – 16th March, 2017

S&P 500 Elliott Wave Technical Analysis – 10th March, 2017

A little upwards movement was expected from the hourly Elliott wave count published in last analysis. This is exactly what happened for Friday’s session.

A target may now be calculated for the short term at two degrees.

Continue reading S&P 500 Elliott Wave Technical Analysis – 10th March, 2017

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

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

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

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.

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

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.

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

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.

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

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.

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