S&P 500 Elliott Wave Technical Analysis – 4th January, 2016

There are three possibilities for downwards movement from the last major swing high of 3rd November. I have three daily charts looking at three possibilities. Summary: A downwards trend is still in place. The preferred bear wave count expects a big third wave is in...

S&P 500 Elliott Wave Technical Analysis – 29th October, 2015

More upwards movement was expected. Price moved slightly higher and mostly sideways to complete very small green doji. Summary: The final target now calculated at two wave degrees is 2,107. This may be met tomorrow, and it may end the bear market rally. To see how...

S&P 500 Elliott Wave Technical Analysis – 20th October, 2015

A channel breach indicates the zigzag is complete. Targets may now be calculated for the next wave. Summary: Both wave counts now expect downwards movement for at least a few days. The target for the bear wave count is 1,778. The bull wave count may see a zigzag down...

S&P 500 Elliott Wave Technical Analysis – 14th August, 2015

Friday’s session remained within the range of the prior day. Summary: The analysis remains exactly the same. The first wave count is looking slightly more likely at this stage, but is unconfirmed. It now expects very strong downwards movement, which must unfold...

S&P 500 Elliott Wave Technical Analysis – 10th August, 2015

Upwards movement was expected for Monday. Summary: The first wave count expects upwards movement to end at 2,119 when price touches the upper edge of the channel on the hourly chart. The second wave count expects an upwards trend has resumed to new all time highs. A...