S&P 500 Elliott Wave Technical Analysis – 20th March, 2014

Yesterday’s analysis expected downwards movement which is not what happened. The wave count at the hourly chart level is slightly changed. Summary: I am expecting tomorrow to begin with a very little more upwards movement towards a target at 1,877, and...

S&P 500 Elliott Wave Technical Analysis – 6th March, 2014

Yesterday’s analysis expected a little upwards movement to the target of 1,880 for Thursday. Price moved higher to reach 1,881.94 so far. The wave count remains the same. Summary: The situation is still unclear but in the bigger picture I favour the idea that we...