S&P 500 Elliott Wave Technical Analysis – 27th July, 2017

The first target at 2,481 to 2,482 was met and passed by 2 points early in the session. Summary: We should always assume the trend remains the same until proven otherwise. While it is possible today that primary wave 3 may be over, assume that it may continue higher...

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

Downwards movement was expected. Another red daily candlestick has made a new low. Summary: While price remains above 2,418.71, then expect it is more likely that this downwards movement is a smaller pullback within an ongoing upwards trend. The target is now at 2,454...

S&P 500 Elliott Wave Technical Analysis – 25th April, 2017

It looks like price has broken upwards out of a symmetrical triangle. Some trading advice on how to use gaps is offered today to members. Summary: Members with long positions may pull stops up to the lower edge of today’s gap at 2,374.15. A small pullback may...