Tag Archives: elliott wave counts

S&P 500 Elliott Wave Technical Analysis – 20th March, 2017

Another downwards day has unfolded as expected to start the new trading week. The Elliott wave count remains the same and has support from volume and ADX.

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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 – 9th March, 2017

Downwards movement is again 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 – 28th February, 2017

A downwards day was expected for Tuesday’s session.

There are only now two hourly Elliott wave counts.

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

The short term target has been met and the mid term target remains the same.

Price continued higher and almost met the target, which was at 2,353, fitting the second hourly Elliott wave chart.

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S&P 500 Elliott Wave Technical Analysis – 14th February, 2017

Upwards movement continues as expected.

A very bearish alternate (which was judged to have a very low probability) has been invalidated today. This adds confidence to the main Elliott wave count and the targets.

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S&P 500 Elliott Wave Technical Analysis – 13th February, 2017

Again, upwards movement continues as the main Elliott wave count expects.

And the very bearish alternate Elliott wave count remains just viable.

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

Upwards movement continues as the main Elliott wave count expects.

The very bearish alternate Elliott wave count remains viable.

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S&P 500 Elliott Wave Technical Analysis – 7th February, 2017

Upwards movement was expected for the main Elliott wave count, but the confirmation point still has not been passed.

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