Tag Archives: s&p 500 index daily analysis and forecast using elliott wave and fibonacci

S&P 500 Elliott Wave Technical Analysis – 10th April, 2017

Price remains range bound again today. The longer price remains coiled between resistance and support, the closer and more violent the breakout will be.

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S&P 500 Elliott Wave Technical Analysis – 14th February, 2017

Upwards movement continues as expected.

A very bearish alternate (which was judged to have a very low probability) has been invalidated today. This adds confidence to the main Elliott wave count and the targets.

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S&P 500 Elliott Wave Technical Analysis – 1st December, 2016

Downwards movement was expected for Thursday’s session.

The target at 2,190 was met and exceeded so far by 2.56 points.

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S&P 500 Elliott Wave Technical Analysis – 11th November, 2016

An inside day began with downwards movement, as expected, but the target was not reached.

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S&P 500 Elliott Wave Technical Analysis – 10th November, 2016

A red long legged doji for today’s session indicates indecision, a balance between bulls and bears. This mostly fits expectations; this session was expected to produce a small red daily candlestick.

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S&P 500 Elliott Wave Technical Analysis – 14th October, 2016

Upwards movement was expected for Friday’s session.

The session made a higher high and a higher low, but it closed with a red candlestick.

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S&P 500 Elliott Wave Technical Analysis – 30th August, 2016

A small downwards day fits for both hourly Elliott wave counts.

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S&P 500 Elliott Wave Technical Analysis – 9th August, 2016

Yesterday’s hourly Elliott wave count expected some upwards movement to end between 2,185.44 to 2,188.32, then downwards movement.

Price began the session with upwards movement and reached 1,287.66 before turning downwards exactly as expected.

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