Tag Archives: stock market analysis today

S&P 500 Elliott Wave Technical Analysis – 14th December, 2017

Last analysis expected at least a little more downwards movement for Thursday’s session. The main hourly chart expected movement to about 2,654, and the low for the session was just below this point at 2,652.10.

A candlestick reversal pattern on the S&P and another on VIX today indicate strongly what looks most likely to happen next.

Continue reading S&P 500 Elliott Wave Technical Analysis – 14th December, 2017

S&P 500 Elliott Wave Technical Analysis – 29th November, 2017

The second target at 2,634, calculated using the measured rule, has been met today.

The Elliott wave structure is analysed to see if it may be complete. If it is, then price may turn here. If it is not, then the next target will be used.

Continue reading S&P 500 Elliott Wave Technical Analysis – 29th November, 2017

S&P 500 Elliott Wave Technical Analysis – 10th November, 2017

A signal from On Balance Volume for Friday sees the main and alternate hourly Elliott wave counts swapped over.

The mid to long term picture remains the same, but the short term picture for next week is now changed.

Continue reading S&P 500 Elliott Wave Technical Analysis – 10th November, 2017