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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