Upwards movement continues as the main Elliott wave count expects.
A strong new signal today from On Balance Volume supports the main Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 19th September, 2018
Tag Archives: elliott wave daily
S&P 500 Elliott Wave Technical Analysis – 27th August, 2018
Price continues higher exactly as the Elliott wave count expects.
Members were warned at the end of last week to look out for strength in upwards movement. With a strong gap higher and an increase in slope of upwards movement, that is what is happening so far.
Continue reading S&P 500 Elliott Wave Technical Analysis – 27th August, 2018
S&P 500 Elliott Wave Technical Analysis – 2nd August, 2018
An outside day fits all three short term Elliott wave counts.
Volume, On Balance Volume and the AD line will be used today to determine if the consolidation is likely over or may continue.
Continue reading S&P 500 Elliott Wave Technical Analysis – 2nd August, 2018
S&P 500 Elliott Wave Technical Analysis – 19th June, 2018
A new alternate Elliott wave count for the short term picture expected another low to find support about 2,747. The low for the session was at 2,743, sitting almost perfectly on a trend line that was expected to provide final support.
Continue reading S&P 500 Elliott Wave Technical Analysis – 19th June, 2018
S&P 500 Elliott Wave Technical Analysis – 14th June, 2018
A consolidation was expected to end about 2,769. Sideways movement overall fits the form of a consolidation, although it has turned out so far to be more shallow than expected.
Continue reading S&P 500 Elliott Wave Technical Analysis – 14th June, 2018
S&P 500 Elliott Wave Technical Analysis – 8th June, 2018
Upwards movement continues exactly as the main Elliott wave count and classic technical analysis expect. When classic technical analysis offers strong support to the Elliott wave count, then confidence may be had in the analysis overall.
Continue reading S&P 500 Elliott Wave Technical Analysis – 8th June, 2018
S&P 500 Elliott Wave Technical Analysis – 16th May, 2018
Yesterday’s analysis expected a short term pullback to continue. A little upwards movement within the pullback fits expectations as wave B unfolds. The Elliott wave count remains the same.
Continue reading S&P 500 Elliott Wave Technical Analysis – 16th May, 2018
S&P 500 Elliott Wave Technical Analysis – 15th May, 2018
As expected from yesterday’s AD line and VIX bearish signals, price moved lower today.
Two support lines are identified on charts today, along with a Fibonacci ratio, to indicate where the pullback may end.
Continue reading S&P 500 Elliott Wave Technical Analysis – 15th May, 2018
S&P 500 Elliott Wave Technical Analysis – 11th May, 2018
A strong signal from On Balance Volume adds confidence to the Elliott wave count.
Continue reading S&P 500 Elliott Wave Technical Analysis – 11th May, 2018
S&P 500 Elliott Wave Technical Analysis – 12th April, 2018
Upwards movement was expected, and so far overall what is happening.
There is strong resistance at this point to be overcome before the target can be reached.
Continue reading S&P 500 Elliott Wave Technical Analysis – 12th April, 2018