A small downwards day remains well above the short-term invalidation point. Today VIX and the short-term volume profile offer support to the main Elliott wave count.
Downwards movement remains above the invalidation point and within allowable limits.
A bounce was expected but did not occur today.
Volume and candlestick wicks are used to indicate the most likely direction for tomorrow. Only one Elliott wave count is published today.
A small range inside day leaves the Elliott wave count unchanged.
The short term volume profile supports the Elliott wave count.
Last analysis expected for the short term a small amount of downwards movement as most likely to end about 2,892.64. A small downwards day with a low at 2,891.73 fits this expectation almost exactly.
All three short term Elliott wave counts remain the same, as does the daily Elliott wave count.
A very short range inside day does not change the Elliott wave count. Price remains within the channel and above the short term invalidation point.
At the end of the week, on the weekly time period, new signals from On Balance Volume and the AD line give confidence in the larger picture for the Elliott wave count.
A small inside day, closing red, mostly fits the Elliott wave count for the short term.
Price remains above the invalidation point, which is very close by.
A little downwards movement was expected for Wednesday’s session. A lower low and a lower high fits the definition of downwards movement.