Tag Archives: daily elliott wave

S&P 500: Elliott Wave and Technical Analysis | Charts – February 14, 2020

An inside day to end the session prints a Dragonfly Doji. In the context of an upwards trend, this is bullish.

The alternate Elliott wave count was invalidated this week leaving only the one main Elliott wave count at this time. Targets remain the same.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – February 14, 2020

S&P 500: Elliott Wave and Technical Analysis | Charts – December 20, 2019

All week upwards movement has been expected, which is exactly what has happened.

Price is closing in on the target zone of 2 points, which is calculated from a gap and using Fibonacci ratios in the Elliott wave structure.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – December 20, 2019