S&P 500 Elliott Wave Technical Analysis – 29th June, 2017

A downwards session was expected for Thursday. This is exactly what happened. Summary: Expect now a multi week to multi month pullback has begun. The target zone for it to end is about 2,400 to 2,322. The situation is unclear for tomorrow’s session. Volume and...

S&P 500 Elliott Wave Technical Analysis – 28th November, 2016

Price remains above the invalidation point on the hourly Elliott wave count. The small downwards movement for today still fits with overall expectations. Summary: An upwards trend is in place. Corrections are an opportunity to join the trend. A sideways correction is...

S&P 500 Elliott Wave Technical Analysis – 26th August, 2016

Price moved lower. The main Elliott wave count was invalidated and an alternate Elliott wave count was confirmed. Summary: Overall, next week should continue with downwards movement to end about 2,147.58. On Balance Volume is giving a stronger bearish signal but VIX...