Tag Archives: s&p technical analysis

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.

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

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

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S&P 500 Elliott Wave Technical Analysis – 5th December, 2016

Upwards movement was expected again for Monday, which is exactly what has happened.

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S&P 500 Elliott Wave Technical Analysis – 15th November, 2016

Yesterday’s analysis expected downwards movement, but this is not what happened.

Price stopped barely short of the invalidation point.

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

A red daily candlestick fits the Elliott wave count nicely. The target may be met tomorrow.

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S&P 500 Elliott Wave Technical Analysis – 24th October, 2016

Upwards movement unfolded as expected for Monday’s session.

The main Elliott wave count today will have two hourly charts, a main and an alternate.

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S&P 500 Elliott Wave Technical Analysis – 18th October, 2016

Upwards movement was expected for Tuesday.

Price made a higher high and a higher low, and the daily candlestick closed green but only just.

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S&P 500 Elliott Wave Technical Analysis – 17th October, 2016

Downwards movement was expected for Monday. The short term target was at 2,128, but it was anticipated this may not be low enough.

Price did move lower and below the target to reach down to 2,124.56 for Monday’s session.

Continue reading S&P 500 Elliott Wave Technical Analysis – 17th October, 2016

S&P 500 Elliott Wave Technical Analysis – 21st September, 2016

Sideways movement was expected but did no happen.

The session ended with some reasonable upwards movement.

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

Last Elliott wave analysis expected more sideways movement for Tuesday’s session. This is exactly what has happened.

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