Tag Archives: s&p 500 daily analysis

S&P 500 Elliott Wave Technical Analysis – 15th June, 2018

A green daily candlestick was expected for Friday’s session. Although the candlestick printed green, the session saw a lower low that was not expected.

Overall, the Elliott wave count remains the same with price remaining well above the invalidation point. The AD line and On Balance Volume continue to support the Elliott wave analysis.

Continue reading S&P 500 Elliott Wave Technical Analysis – 15th June, 2018

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

Another signal from the AD line to end the trading week gives strong confidence in the Elliott wave analysis.

In light of recent signals from the AD line and On Balance Volume, it is time to step back and look again at monthly charts for the Elliott wave count, and some key indicators.

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