S&P 500 Elliott Wave Technical Analysis – 11th December, 2013

I had expected more downwards movement to complete a second wave correction, but not as much as we have got, and I had expected it to be over during the morning of Wednesday’s session. The depth of this downwards movement over the last two days has made me step...

S&P 500 Elliott Wave Technical Analysis – 15th November, 2013

During Friday the analysis expected to see more upwards movement with an increase in momentum. This is exactly what happened. The targets remain the same. The wave count remains the same. I will review monthly charts in this end of week analysis. Click on the charts...

S&P 500 Elliott Wave Technical Analysis – 5th November, 2013

Yesterday’s analysis expected downwards movement which is what has happened. The target is not yet reached, but the structure is incomplete. I am today making some adjustments to the alternate bullish monthly wave count so that it makes more sense. Click on the...

S&P 500 Elliott Wave Technical Analysis – 4th September, 2013

Yesterday’s analysis expected upwards movement for the main wave count, which is what happened. I still have the same two wave counts. We must still favour the main wave count because we should always assume the trend remains the same, until proven otherwise....

S&P 500 Elliott Wave Technical Analysis – 10th July, 2013

Movement slightly above 1,654.19 has given us clarity for the structure unfolding on the main wave count. However, both the main and alternate wave counts remain valid. At this stage I would now expect they have a closer to even probability. We need to see price break...

S&P 500 Elliott Wave Technical Analysis – 1st July, 2013

Last analysis expected downwards movement for the main hourly wave count, and upwards movement for the alternate. Price has moved higher. Both wave counts remain valid. In the short term for the start and most of tomorrow’s session both wave counts expect the...

S&P 500 Elliott Wave Technical Analysis – 20th June, 2013

Movement below 1,597.35 has invalidated the wave count. I have two wave counts for you today. We may use confirmation / invalidation points to work with these wave counts over the next week or so. I will look back at the monthly / weekly chart in today’s video...

S&P 500 Elliott Wave Technical Analysis – 23rd May, 2013

Yesterday’s analysis expected price had entered a fourth wave correction and should continue with choppy overlapping movement for another few days. Sideways movement for Thursday’s session was expected and is mostly what has happened. This correction is...

S&P 500 Elliott Wave Technical Analysis – 6th May, 2013

Last analysis expected upwards movement for Monday’s session towards a short term target at 1,630. Price has moved slightly higher, but has failed to reach the target by a very long way. The wave count at the daily chart level remains the same. I have two hourly...