Tag Archives: elliott wave daily

S&P 500: Elliott Wave and Technical Analysis | Charts – December 17, 2019

The Elliott wave count has expected overall upwards movement for almost the entire year, which is what has happened.

Shorter-term pullbacks and consolidations may be indicated with warning signs from one or more of On Balance Volume, RSI, the AD line or inverted VIX.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – December 17, 2019

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

The upwards trend was expected to resume this week. A new all time high and a strong close is exactly what was expected. The Elliott wave structure unfolds as expected and the target so far remains the same.

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

S&P 500: Elliott Wave and Technical Analysis | Charts – October 8, 2019

Some downwards movement for the short term was expected for Tuesday, which is what has happened. The short-term target was at 2,920 or 2,896. The low for the session was at 2,892.71, which was just 3.29 points below the second target.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – October 8, 2019