Tag Archives: sp500 ta analysis daily

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

A red daily candlestick was expected for Wednesday’s session. Price has made a lower low and a lower high, the definition of downwards movement, but the candlestick has closed green after a rally at the end of the session.

Continue reading S&P 500 Elliott Wave Technical Analysis – 5th July, 2017

S&P 500 Elliott Wave Technical Analysis – 30th June, 2017

Last analysis concluded the situation was unclear for the short term. A smaller range inside day mostly fits expectations. Upwards movement during Friday’s session remains well below the invalidation point on the hourly chart.

Continue reading S&P 500 Elliott Wave Technical Analysis – 30th June, 2017

S&P 500 Elliott Wave Technical Analysis – 7th June, 2017

Downwards movement was expected to most likely be a small pullback within an ongoing upwards trend.

The pullback has remained above the invalidation point, as expected. The target is slightly adjusted; the Elliott wave target is now only 2 points from the classic analysis target.

Continue reading S&P 500 Elliott Wave Technical Analysis – 7th June, 2017