S&P 500 Elliott Wave Technical Analysis – 26th July, 2017

Last analysis was clear: the trend is still up. A new all time high was therefore expected as most likely. Summary: The trend is up. Trading with the trend is the safest approach for your account. Use corrections as an opportunity to join the trend. The last open gap...

S&P 500 Elliott Wave Technical Analysis – 5th June, 2017

Downwards movement was expected. Price has moved sideways to print a red daily candlestick. Summary: The target for a third wave is met and the structure is complete. If price keeps rising, then use the classic target at 2,448. This target is very close to a new...

S&P 500 Elliott Wave Technical Analysis – 9th March, 2017

Downwards movement is again unfolding as the Elliott wave count and classic technical analysis expected. Summary: Some confidence today is had in the wave count with a breach of the Elliott channel. A deeper pullback looks very likely now to have arrived. It may last...

S&P 500 Elliott Wave Technical Analysis – 8th November, 2016

Upwards movement to a short term target at 2,139.50 was expected. Upwards movement did unfold, but reached 7.37 points above the target. Summary: Volume does not support this upwards movement, and there is some regular bearish divergence between price and the AD line...