Tag Archives: elliott wave count s&p 500

S&P 500: Elliott Wave and Technical Analysis | Charts – October 25, 2019

A new all time high for the S&P500 was expected as likely this week. While price has not managed to make a new all time high, Friday’s high is just 0.59 points short. Strength in upwards movement fits the Elliott wave count.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – October 25, 2019

S&P 500: Elliott Wave and Technical Analysis | Charts – October 2, 2019

Yesterday’s summary advised members to take the alternate Elliott wave count seriously. A new low below 2,931 invalidated the main Elliott wave count and provided confidence in the alternate Elliott wave count. At that stage, the targets were 2,923 or 2,898.47. A low for the session at 2,874.93 saw both targets met and passed.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – October 2, 2019

S&P 500: Elliott Wave and Technical Analysis | Charts – July 19, 2019

Downwards movement at the end of Friday’s session remains above the invalidation point on the hourly chart and within the short-term best fit channel. However, at the end of the week a pattern on the weekly chart along with the AD line and inverted VIX suggest a new Elliott wave count.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – July 19, 2019