Tag Archives: daily s&p 500 market analysis

S&P 500: Elliott Wave and Technical Analysis | Charts – November 8, 2019

The S&P 500 has continued to make new highs this week exactly as the Elliott wave count expected. There is underlying strength in this market with rising breadth and new all time highs from On Balance Volume. Elliott wave targets remain the same.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – November 8, 2019

S&P 500: Elliott Wave and Technical Analysis | Charts – August 5, 2019

A new low at the open of the session invalidated the main Elliott wave count and gave confidence to the alternate. At that stage, the target for downwards movement was 2,842.28. The low for the session was at 2,822.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 5, 2019

S&P 500: Elliott Wave and Technical Analysis | Charts – June 14, 2019

A continuation of sideways movement overall was expected for this week. A small pattern may be developing on the daily chart, which may provide a classic technical analysis target to supplement the Elliott wave target.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – June 14, 2019