Tag Archives: s&p 500 elliott wave chart

S&P 500 Elliott Wave Technical Analysis – 2nd July, 2018

The main Elliott wave count expected upwards movement, which is what has happened for Monday.

Signals today from all of On Balance Volume, inverted VIX and the AD line are all in agreement over the direction for the short term.

Continue reading S&P 500 Elliott Wave Technical Analysis – 2nd July, 2018

S&P 500 Elliott Wave Technical Analysis – 30th May, 2018

Yesterday’s main hourly Elliott wave count expected a low was in place and price should move higher the following session. This is so far exactly what is happening.

The AD line gives a very important signal today, which should not be ignored and will be given weight in this analysis.

Continue reading S&P 500 Elliott Wave Technical Analysis – 30th May, 2018

S&P 500 Elliott Wave Technical Analysis – 2nd April, 2018

There were conflicting signals in last analysis from the AD line and On Balance Volume. The direction for Monday was unclear.

A new low below 2,585.89 indicated more downwards movement, with the first target at 2,561. The low for Monday was 7.2 points below the target.

Continue reading S&P 500 Elliott Wave Technical Analysis – 2nd April, 2018