Tag Archives: s&p500 forecast 2016

S&P 500 Elliott Wave Technical Analysis – 23rd November, 2016

Upwards movement was expected again. A green daily candlestick was printed, but it is technically an inside day with no new high.

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S&P 500 Elliott Wave Technical Analysis – 12th July, 2016

The two daily Elliott wave counts today are judged to have about an even probability.

Assume the trend is the same, until proven otherwise.

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

Upwards movement unfolded as expected for the session.

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

Price moved lower as expected but ended the session higher to complete a green candlestick.

Price remained below the invalidation point on the hourly chart for the session.

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S&P 500 Elliott Wave Technical Analysis – 25th April, 2016

Price moved lower to sit on the support line. How price behaves tomorrow now that the line is met will indicate which hourly Elliott wave count is more likely.

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S&P 500 Elliott Wave Technical Analysis – 4th March, 2016

Price moved higher to 2,009, above the target which was 2,002 or 2,004.

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S&P 500 Elliott Wave Technical Analysis – 16th February, 2016

More upwards movement was expected. The most likely point for it to end was expected to be 1,895.

So far upwards movement has reached 1,895.77.

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

Last analysis reminded members that the trend is still down.

A new low below the August lows was expected.

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

On the preferred hourly chart, upwards movement has breached the base channel but remains below the invalidation point.

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