Tag Archives: s&p500 rate trend

S&P 500 Elliott Wave Technical Analysis – 6th April, 2017

Again, upwards movement was expected. The session closed green although it completed with a lower low and a lower high, the definition of downwards movement. Price remains range bound between resistance at about 2,370 and support at about 2,340. The breakout will probably come tomorrow during Non Farm Payroll data release.

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S&P 500 Elliott Wave Technical Analysis – 1st March, 2017

A new high above 2,367.79 confirmed the alternate hourly wave count, which expected more upwards movement with an increase in momentum to a target at 2,397. The high for the day was 2,400.98.

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

The main Elliott wave count from yesterday’s analysis expected price to move higher.

Assume the trend is the same, until proven otherwise.

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S&P 500 Elliott Wave Technical Analysis – 22nd June, 2016

Another small range day moved price lower, which the main Elliott wave count expected, but today classic technical analysis strongly suggests the price direction for tomorrow and so a new hourly chart is published today.

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S&P 500 Elliott Wave Technical Analysis – 3rd June, 2016

Downwards movement was expected.

Price made a lower high and a lower low for the session.

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

Upwards movement was expected from the main hourly Elliott wave count, which is what happened.

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S&P 500 Elliott Wave Technical Analysis – 27th April, 2016

Another small range day for another doji, now four in a row.

The squeeze on price should be over very shortly.

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