Tag Archives: elliott wave s&p500

S&P 500 Elliott Wave Technical Analysis – 24th July, 2017

Upwards movement within a small range fits both hourly Elliott wave counts. Both VIX and the AD line today exhibit some divergence with price. With this divergence for both indicating the same direction, they both point to which hourly Elliott wave count may be more likely tomorrow.

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S&P 500 Elliott Wave Technical Analysis – 23rd June, 2017

The main Elliott wave count expected upwards movement. This happened at the end of the session for the candlestick to close green, but a lower low and a lower high for the session saw price overall move down from the prior day.

Continue reading S&P 500 Elliott Wave Technical Analysis – 23rd June, 2017