S&P 500 Elliott Wave Technical Analysis – 4th December, 2017

Price has moved overall higher to begin the new trading week, towards the new target provided in last analysis. Summary: For the short term, look now for a pullback to about 2,624 or 2,599. This may be a second wave correction. Thereafter, look for upwards movement to...

S&P 500 Elliott Wave Technical Analysis – 24th October, 2017

A small doji after the Bearish Engulfing Candlestick pattern completes a Bearish Harami Cross. Summary: A new wave count today will assume the trend remains the same while price remains above 2,457.92. It is published as a second alternate. If price makes a new all...

S&P 500 Elliott Wave Technical Analysis – 6th October, 2017

Upwards movement was expected but price has moved sideways for Friday to complete an inside day. The short term Elliott wave count is slightly adjusted at the hourly chart level today. Summary: Assume the trend remains up while price remains within the violet channel...

S&P 500 Elliott Wave Technical Analysis – 2nd October, 2017

Price continues higher as expected, well exceeding the last Elliott wave target and a classic analysis target using the measured rule. Summary: On Balance Volume and the AD line remain very bullish, supporting the main Elliott wave count. The next short term target is...