Tag Archives: elliott wave

S&P 500: Elliott Wave and Technical Analysis | Charts – January 29, 2019

Another small range day remains tightly constrained between support and resistance.

A developing pattern suggests the direction for a breakout. Targets may be calculated using an Elliott wave count, Fibonacci ratios and classic analysis.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 29, 2019

S&P 500: Elliott Wave and Technical Analysis | Charts – January 4, 2019

Upwards movement was expected for last week, which is exactly what has happened.

Both Elliott wave counts remain valid, but the main Elliott wave count has more support from classic technical analysis, particularly market breadth.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 4, 2019