Tag Archives: elliott wave primary 1987

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.

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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 – 13th March, 2017

Price has moved sideways in a small range for Monday’s session. This fits the hourly Elliott wave count and the alternate daily Elliott wave count best.

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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.

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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 – 27th February, 2017

Upwards movement was not expected for Monday. The main Elliott wave count expected downwards movement for the session.

The current situation has multiple possibilities and for members today three hourly Elliott wave counts are again presented along with some cautious trading advice on how to approach this market.

Continue reading S&P 500 Elliott Wave Technical Analysis – 27th February, 2017

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

Upwards movement for the start of the week breaks above a prior small consolidation with a breakaway gap. Gaps can be useful for trading.

The target given by the Elliott wave count can now be calculated at two degrees, so it widens to a small zone.

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

Price moved lower today with a lower low and lower high, but the session closed strongly printing a green daily candlestick.

The balance of volume was upwards. On Balance Volume gives a reasonable signal, but there has not yet been a breakout from a consolidation.

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