Tag Archives: elliott wave

S&P 500 Elliott Wave Technical Analysis – 18th June, 2018

Upwards movement was expected to begin the new week. Monday’s candlestick has closed green, but the strong gap downwards saw a lower low and a lower high, the definition of downwards movement.

Today the AD line gives another signal.

Continue reading S&P 500 Elliott Wave Technical Analysis – 18th June, 2018

S&P 500 Elliott Wave Technical Analysis – 10th May, 2018

A strong signal from the AD line today means that the alternate Elliott wave counts will be discarded.

There is now reasonable confidence in the main Elliott wave count. Today’s open gap may be used to calculate a target using classic technical analysis, to add to the Elliott wave target.

Continue reading S&P 500 Elliott Wave Technical Analysis – 10th May, 2018