Upwards movement continues as expected. The Elliott wave targets remain the same.
An outside day for Friday closes green as the S&P500 ends with a little strength into the close. This is what the main Elliott wave count has expected, and it now has support from classic technical analysis this week.
Downwards movement continued as the Elliott wave analysis expected.
Sideways movement continues but now all of On Balance Volume, the AD line, and inverted VIX give the same signals. The Elliott wave count is updated.
An upwards breakout with support from volume suggests a new Elliott wave count.
Price moved overall lower as yesterday’s analysis expected.