S&P 500 Elliott Wave Technical Analysis – 1st October, 2015

A little upwards movement to 1,930 – 1,932 was expected. Price moved a little higher, reaching to 1,927.21 during the session. Summary: I expect more upwards movement tomorrow. The target for this correction to end is at 1,963, but that may be too high. When the...

S&P 500 Elliott Wave Technical Analysis – 9th September, 2015

Sideways movement was expected as most likely, which is what price has been doing for eight days now. Summary: In the short term, a consolidation is expected to continue with the breakout to be down when it is complete. The consolidation is most likely a fourth wave,...

S&P 500 Elliott Wave Technical Analysis – 26th August, 2015

Sideways movement, with short term upwards movement to 1,954, was expected. Summary: A Dead Cat Bounce is most likely unfolding, which should continue for another one to few days and remain below 2,052.09. The downwards trend should resume when the bounce is done. To...

S&P 500 Elliott Wave Technical Analysis – 28th July, 2015

Some upwards movement was expected to unfold this week, which began on Tuesday. Summary: This upwards movement could certainly continue, but it may also be over here. A new low below 2,076.11 would be earliest confirmation that it is over, and downwards momentum may...

S&P 500 Elliott Wave Technical Analysis – 9th February, 2015

Downwards movement was expected for Monday. Summary: The upwards trend should resume tomorrow. The short term target is either 2,098 (main wave count) or 2,133 (alternate wave count). Click on charts to enlarge. Main Bull Wave Count I will favor neither the bull or...