Tag Archives: spx short term target

S&P 500 Elliott Wave Technical Analysis – 13th December, 2017

Yesterday’s analysis expected a little upwards movement to a short term target at 2,672, to then be followed by a pullback. Price began the session with a new high to 2,671.88 and from there turned downwards to complete a red daily candlestick.

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

A sharp downwards movement today remained above the invalidation point on the main hourly Elliott wave count, and the long lower wick on this candlestick is interpreted as bullish.

Although bears were able to push price sharply lower, they could not hold the lows and they could not make a new swing low below the low of the 2nd of November.

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