Tag Archives: s&p 500 elliott wave count

S&P 500 Elliott Wave Technical Analysis – 7th June, 2017

Downwards movement was expected to most likely be a small pullback within an ongoing upwards trend.

The pullback has remained above the invalidation point, as expected. The target is slightly adjusted; the Elliott wave target is now only 2 points from the classic analysis target.

Continue reading S&P 500 Elliott Wave Technical Analysis – 7th June, 2017

S&P 500 Elliott Wave Technical Analysis – 17th April, 2017

Downwards movement was expected to begin the new trading week. This is not what happened. Upwards movement invalidated the hourly Elliott wave count.

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S&P 500 Elliott Wave Technical Analysis – 11th April, 2017

Price is still range bound, testing support at today’s low. The breakout will come, and the longer price coils within this range the more violent the breakout may be.

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S&P 500 Elliott Wave Technical Analysis – 28th March, 2017

Price has moved higher for Tuesday as expected. A new high above 2,354.54 supports the main wave count over the alternate.

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S&P 500 Elliott Wave Technical Analysis – 8th March, 2017

Downwards movement is unfolding as the Elliott wave count and classic technical analysis expected.

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S&P 500 Elliott Wave Technical Analysis – 16th February, 2017

Thursday’s session was expected as very likely to see price move lower due to strong and unusual divergence between price and VIX for Wednesday’s session, which was interpreted as bearish.

Thursday made a slightly higher high and a higher low, the definition of upwards movement, but the candlestick closed red and the balance of volume for the session was downwards.

Continue reading S&P 500 Elliott Wave Technical Analysis – 16th February, 2017

S&P 500 Elliott Wave Technical Analysis – 25th January, 2017

Upwards movement continues, which fits the larger picture of the main Elliott wave count.

Continue reading S&P 500 Elliott Wave Technical Analysis – 25th January, 2017