S&P 500 Elliott Wave Technical Analysis – 18th March, 2014

Last analysis was invalidated by upwards movement. The wave count is changed. Summary: Simple trend lines indicate the trend remains down. None of the major indexes have made new highs. The trend remains down at minor degree. I am expecting more downwards movement....

S&P 500 Elliott Wave Technical Analysis – 5th March, 2014

Price has moved sideways in a very small range to complete a small red doji. Because a slight new high was made the wave count is changed slightly. Summary: The situation is unclear but in the bigger picture I still favour the idea that we should see overall downwards...

S&P 500 Elliott Wave Technical Analysis – 3rd February, 2014

Movement below 1,770.45 has confirmed a trend change. The downwards trend is either a new cycle degree wave, or an intermediate degree correction. The wave count remains the same. Summary: The mid term picture is now clearer. Overall downwards movement is incomplete...