S&P 500 Elliott Wave Technical Analysis – 29th August, 2018

A small shallow correction within the upwards trend was expected to unfold today but did not. The overall trend remains upwards, as expected, but there are a cluster of bearish signals developing to watch. Summary: The trend is up. Assume the trend remains the same...

S&P 500 Elliott Wave Technical Analysis – 6th August, 2018

Last Friday’s analysis expected the new week to begin with upwards movement that was reasonably likely to make a new high above 2,848.03. A high today at 2,853.21 fits the expectation. Summary: Some weakness in upwards movement suggests another small pullback...

S&P 500 Elliott Wave Technical Analysis – 18th July, 2018

Upwards movement continues as expected. The Elliott wave and classic analysis targets remain the same. Summary: Overall, expect the upwards trend to continue. Some support from volume today and a new all time high again from On Balance Volume on the daily chart...

S&P 500 Elliott Wave Technical Analysis – 20th June, 2018

Last analysis expected that a pullback was complete and upwards movement should resume. This is exactly what has happened so far. Summary: If the Elliott wave count is correct, then upwards movement may begin to build momentum from here. The short term target is at...