Tag Archives: s&p 500 daily analysis

S&P 500 Elliott Wave Technical Analysis – 27th August, 2018

Price continues higher exactly as the Elliott wave count expects.

Members were warned at the end of last week to look out for strength in upwards movement. With a strong gap higher and an increase in slope of upwards movement, that is what is happening so far.

Continue reading S&P 500 Elliott Wave Technical Analysis – 27th August, 2018

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