For the short term, a little more downwards movement was expected. Another red daily candlestick has printed with a lower low and a lower high, fitting expectations.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – June 26, 2019
The first target at 2,739 to 2,738 was passed. The next target at 2,722 has not quite been met.
Today the AD line and Lowry’s data is used to indicate the most likely next direction for tomorrow.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – June 3, 2019
More downwards movement was expected for the session to reach the lower edge of a channel. The channel was overshot and price quickly reversed to close back within it. This is mostly what was expected.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – May 9, 2019
A small range downwards day saw price move mostly sideways. Price remains above the Elliott wave invalidation points and within the channel. Targets remain the same.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – April 15, 2019
Upwards movement continues towards the targets.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – March 21, 2019
A little downwards movement sees price remain within the channel on the daily chart.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – February 26, 2019
Upwards movement continues exactly as expected towards the targets.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 31, 2019