Tag Archives: spx short term target

S&P 500 Elliott Wave Technical Analysis – 8th May, 2017

A new all time high was expected from last analysis.

The Elliott wave count remains the same and the weekly technical analysis still sounds a strong warning.

Continue reading S&P 500 Elliott Wave Technical Analysis – 8th May, 2017

S&P 500 Elliott Wave Technical Analysis – 26th April, 2017

A small pullback was expected to unfold here or shortly. An upwards day closes red, with a long upper wick on the candlestick. This looks like a small pullback may have begun at the end of this session.

Continue reading S&P 500 Elliott Wave Technical Analysis – 26th April, 2017

S&P 500 Elliott Wave Technical Analysis – 17th April, 2017

Downwards movement was expected to begin the new trading week. This is not what happened. Upwards movement invalidated the hourly Elliott wave count.

Continue reading S&P 500 Elliott Wave Technical Analysis – 17th April, 2017

S&P 500 Elliott Wave Technical Analysis – 12th April, 2017

Price is still range bound, completing an inside day. The breakout is now expected to come tomorrow.

Continue reading S&P 500 Elliott Wave Technical Analysis – 12th April, 2017

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

Upwards movement continues as the Elliott wave count expects overall at the daily chart level.

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

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

Price has moved higher for Tuesday as expected. A new high above 2,354.54 supports the main wave count over the alternate.

Continue reading S&P 500 Elliott Wave Technical Analysis – 28th March, 2017

S&P 500 Elliott Wave Technical Analysis – 27th March, 2017

Monday was expected to be an upwards day, but this is not what happened.

Continue reading S&P 500 Elliott Wave Technical Analysis – 27th March, 2017