Tag Archives: stock market wave analysis

S&P 500 Elliott Wave Technical Analysis – 25th April, 2017

It looks like price has broken upwards out of a symmetrical triangle.

Some trading advice on how to use gaps is offered today to members.

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

Again, upwards movement continues as the main Elliott wave count expects.

And the very bearish alternate Elliott wave count remains just viable.

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S&P 500 Elliott Wave Technical Analysis – 30th November, 2016

Upwards movement was expected for Wednesday’s session.

Although the candlestick closed red, it did make a higher high and a higher low from the prior day.

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S&P 500 Elliott Wave Technical Analysis – 9th November, 2016

A new high above 2,154.79 adds confidence to the main Elliott wave count.

A new alternate is presented today, but it has a very low probability.

Dow Theory today provides important confirmation.

Continue reading S&P 500 Elliott Wave Technical Analysis – 9th November, 2016

S&P 500 Elliott Wave Technical Analysis – 21st October, 2016

Upwards movement was again expected and again failed to materialise.

The main Elliott wave count is still preferred.

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S&P 500 Elliott Wave Technical Analysis – 13th October, 2016

In yesterday’s analysis I noticed bearish divergence between price and VIX, so members were instructed to look out for a possible surprise to the downside.

Downwards movement breached the invalidation point on the main daily wave count, but not the weekly, so the main Elliott wave count is today changed.

Continue reading S&P 500 Elliott Wave Technical Analysis – 13th October, 2016

S&P 500 Elliott Wave Technical Analysis – 29th August, 2016

Some upwards movement was expected for a second wave.

Price remains below the invalidation point.

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S&P 500 Elliott Wave Technical Analysis – 13th April, 2016

An upwards breakout was expected, but has come a day or so earlier than expected in yesterday’s analysis.

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S&P 500 Elliott Wave Technical Analysis – 24th March, 2016

Downwards movement was expected to continue. This is what happened.

Continue reading S&P 500 Elliott Wave Technical Analysis – 24th March, 2016