Tag Archives: grand supercycle

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 – 24th February, 2017

A downwards day was not expected for Friday. The slight new lower high and lower low essentially moved price sideways for the session.

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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 – 16th December, 2016

Friday was expected to begin with some upwards movement, which is how the session began, but price did not move as high as was expected.

Overall, sideways movement was expected for a consolidation, which is what is happening.

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S&P 500 Elliott Wave Technical Analysis – 18th November, 2016

A slight new high and then downwards movement was expected for Friday. This is exactly what happened.

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S&P 500 Elliott Wave Technical Analysis – 2nd November, 2016

Yesterday’s main and alternate Elliott wave counts expected more downwards movement. This is what happened.

The target for the main Elliott wave count remains the same.

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