Tag Archives: elliott wave stock market by lara

S&P 500 Elliott Wave Technical Analysis – 25th April, 2017

It looks like price has broken upwards out of a symmetrical triangle.

Some trading advice on how to use gaps is offered today to members.

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S&P 500 Elliott Wave Technical Analysis – 17th April, 2017

Downwards movement was expected to begin the new trading week. This is not what happened. Upwards movement invalidated the hourly Elliott wave count.

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S&P 500 Elliott Wave Technical Analysis – 11th April, 2017

Price is still range bound, testing support at today’s low. The breakout will come, and the longer price coils within this range the more violent the breakout may be.

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

A breakout was expected for Friday but did not happen. An inside day was completed. Price remains range bound for this market.

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S&P 500 Elliott Wave Technical Analysis – 6th April, 2017

Again, upwards movement was expected. The session closed green although it completed with a lower low and a lower high, the definition of downwards movement. Price remains range bound between resistance at about 2,370 and support at about 2,340. The breakout will probably come tomorrow during Non Farm Payroll data release.

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S&P 500 Elliott Wave Technical Analysis – 29th March, 2017

A small inside day fits within the Elliott wave count. The candlestick closed green and the balance of volume for the session was upwards. Overall, today may be read as neutral.

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S&P 500 Elliott Wave Technical Analysis – 28th March, 2017

Price has moved higher for Tuesday as expected. A new high above 2,354.54 supports the main wave count over the alternate.

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

A little downwards movement to below 2,340.51 but not below 2,336.45 was expected during Friday’s session.

Price did move lower, but it made a slight new low below 2,336.45, which was not expected.

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