Tag Archives: s&p500 price outlook

S&P 500 Elliott Wave Technical Analysis – 5th April, 2017

Upwards movement was expected. Price did move higher to begin the session, but fell strongly in the final hours to close red. An outside day was completed.

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S&P 500 Elliott Wave Technical Analysis – 20th March, 2017

Another downwards day has unfolded as expected to start the new trading week. The Elliott wave count remains the same and has support from volume and ADX.

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S&P 500 Elliott Wave Technical Analysis – 28th February, 2017

A downwards day was expected for Tuesday’s session.

There are only now two hourly Elliott wave counts.

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S&P 500 Elliott Wave Technical Analysis – 13th July, 2016

Again, 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 – 21st June, 2016

A small inside day remains below the invalidation point on both Elliott Wave hourly charts.

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S&P 500 Elliott Wave Technical Analysis – 2nd June, 2016

Upwards movement invalidated the main hourly Elliott wave count and confirmed the alternate, which was judged to have a very low (5%) probability.

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S&P 500 Elliott Wave Technical Analysis – 26th April, 2016

A very small range day to produce a small green doji sees both hourly Elliott wave counts remain valid.

Price is squeezed between two trend lines.

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

End of week analysis expected Monday to see strong downwards movement.

This is exactly what happened.

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S&P 500 Elliott Wave Technical Analysis – 12th October, 2015

A breach of the channel on the hourly chart may be taken as confirmation a correction has begun.

Analysis this week will focus on identifying when the correction may be over.

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S&P 500 Elliott Wave Technical Analysis – 29th September, 2015

New lows were expected, but a green candlestick was not.

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