Tag Archives: s&p elliot wave

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.

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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 – 24th January, 2017

Upwards movement has invalidated the main hourly Elliott wave count and confirmed an alternate.

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S&P 500 Elliott Wave Technical Analysis – 20th July, 2016

In the very short term, sideways movement was expected for one or two sessions before the upwards trend resumed, but this did not happen.

Price has moved higher.

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S&P 500 Elliott Wave Technical Analysis – 29th June, 2016

Upwards movement broke above 2,050.37 indicating price should continue higher to 2,067.

Upwards movement reached 2,073.13 for the session.

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

Downwards movement did materialise as expected but not by much. Confirmation points have not been breached and price remains within the channel on the hourly chart.

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S&P 500 Elliott Wave Technical Analysis – 20th February, 2015

Again, upwards movement was expected. The target remains the same.

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S&P 500 Elliott Wave Technical Analysis – 9th January, 2015

A slight new high signaled the completion of the first subdivision within minuette wave (iii) and price spent the rest of the day within a downwards correction that has more to offer towards the downside.

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