A pullback was expected and support is holding. Price remains above the invalidation point.
Upwards movement to a target at 2,448 to 2,450 was expected. Price moved higher to reach 2,446.20 before turning strongly downwards on Friday. Price fell just 1.8 points short of the 2 point target zone.
An outside day moved price lower to start the session.
The main wave count expected more upwards movement, which is what has happened. Targets remain the same.
A new all time high was expected from last analysis.
The Elliott wave count remains the same and the weekly technical analysis still sounds a strong warning.
A small pullback was expected to unfold here or shortly. An upwards day closes red, with a long upper wick on the candlestick. This looks like a small pullback may have begun at the end of this session.
Price continues to move sideways.
Price is still range bound, completing an inside day. The breakout is now expected to come tomorrow.
A breakout was expected for Friday but did not happen. An inside day was completed. Price remains range bound for this market.
Upwards movement continues as the Elliott wave count expects overall at the daily chart level.