Tag Archives: s&p500 forecast

S&P 500 Elliott Wave Technical Analysis – 4th April, 2017

Upwards movement was expected for Tuesday’s session. The session completed a green daily candlestick, but it was an inside day with no new high.

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S&P 500 Elliott Wave Technical Analysis – 21st March, 2017

Downwards movement continued, as expected, and found support at three different trend lines.

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S&P 500 Elliott Wave Technical Analysis – 9th February, 2017

A new all time high confirms the main Elliott wave count and invalidates one alternate. Some more confidence may now be had in the targets.

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S&P 500 Elliott Wave Technical Analysis – 23rd January, 2017

Downwards movement was expected, but it remains within the prior range of sideways movement. There has been no breakout yet.

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S&P 500 Elliott Wave Technical Analysis – 11th January, 2017

Although today’s daily candlestick closed green, it made a lower high and a lower low (which is the definition of downwards movement). This was expected for the Elliott wave count.

The short term resistance line on the hourly chart neatly showed where upwards movement for the session ended.

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

A downwards day remains within the small pattern forming.

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S&P 500 Elliott Wave Technical Analysis – 8th December, 2016

Upwards movement continued as expected.

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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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