Tag Archives: s&p 500 elliott wave count

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

The first hour of the session saw a break below the channel on the hourly Elliott wave charts. At that stage, downwards movement was expected, and an increase in downwards momentum was also expected. So far price is fulfilling those expectations.

Continue reading S&P 500 Elliott Wave Technical Analysis – 17th August, 2017

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