Tag Archives: elliott wave count s&p 500

S&P 500: Elliott Wave and Technical Analysis | Charts – January 30, 2019

Last analysis identified a small pennant pattern and expected an upwards breakout. This is exactly what has happened.

Targets are calculated using an Elliott wave count with Fibonacci ratios, and the flag pole of the pennant.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 30, 2019

S&P 500: Elliott Wave and Technical Analysis | Charts – January 7, 2019

Upwards movement continues as expected for the main Elliott wave count. The alternate Elliott wave count still remains valid, but it does not have support from classic technical analysis at this time.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 7, 2019