S&P 500 Elliott Wave Technical Analysis – 22nd August, 2018

A pullback was expected to begin the new trading week. A lower low and a lower high fits this expectation exactly. Summary: A Gravestone Doji at the last high is a strong warning that a pullback may unfold here. If it does, then the target for it to end is now at...

S&P 500 Elliott Wave Technical Analysis – 30th July, 2018

Last analysis expected a pullback or consolidation to begin the new trading week. A red daily candlestick fits this expectation perfectly. Summary: Expect that a shallow consolidation is most likely unfolding while price remains above 2,791.47. Expect the...

S&P 500 Elliott Wave Technical Analysis – 11th July, 2018

Last analysis warned that some small range downwards days or doji may show up at this stage. A small red candlestick for Wednesday’s session fits this description. Summary: Today’s short term bearish divergence between price and both of VIX and the AD line...

S&P 500 Elliott Wave Technical Analysis – 15th June, 2018

A green daily candlestick was expected for Friday’s session. Although the candlestick printed green, the session saw a lower low that was not expected. Overall, the Elliott wave count remains the same with price remaining well above the invalidation point. The...