S&P 500 Elliott Wave Technical Analysis – 18th August, 2017

Downwards movement has continued for Friday exactly as the Elliott wave count and classic technical analysis expected. On Balance Volume gives important signals at the end of this week. Summary: Look out for a green daily candlestick for Monday. A small bounce may end...

S&P 500 Elliott Wave Technical Analysis – 14th July, 2017

Last analysis expected an upwards breakout with reasonable confidence. This is exactly what has happened for Friday. Summary: The profit target is at 2,478. The upwards trend has internal strength and health. Use corrections as an opportunity to join the trend. Any...

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

Price remains constrained and moving sideways. Volume suggests the breakout direction. Summary: In the short term, price may move a little lower tomorrow. A small flag pattern may be completing. Volume suggests the breakout is more likely to be upwards. The measured...

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

Monday was expected to be an upwards day, but this is not what happened. Summary: The picture today looks more bearish. The alternate wave count has substantially increased in probability. A new high in the short term, above 2,354.54, would indicate the pullback is...

S&P 500 Elliott Wave Technical Analysis – 15th March, 2017

A very short term target expected some upwards movement for one or two days to a target zone at 2,380 to 2,383. Price moved higher as expected for Wednesday’s session, reaching 2,390.01. Summary: A deeper pullback looks very likely now to have arrived. It may...

S&P 500 Elliott Wave Technical Analysis – 7th March, 2017

Another day of downwards movement was expected from the Elliott wave count and from classic technical analysis. Summary: A deeper pullback may have arrived. It may last about one to three months and may end either 2,368 – 2,353 or 2,282 – 2,234. A new low...