S&P 500 Elliott Wave Technical Analysis – 13th January, 2014

Strong downwards movement was expected for the main hourly wave count, but slight upwards movement invalidated the labeling within it first and then downwards movement ended deeper than expected. Overall the main hourly wave count is correct with a slight adjustment....

S&P 500 Elliott Wave Technical Analysis – 30th December, 2013

Last analysis expected more choppy overlapping movement for the continuation of a fourth wave correction. This is exactly what has happened, and we have another small red candlestick for Monday’s session. The wave count remains the same. Click on the charts...

S&P 500 Elliott Wave Technical Analysis – 12th December, 2013

The main wave count was invalidated with movement below 1,775.22. The first daily alternate, with some small adjustment, remains valid and is now the main wave count. Yesterday’s second daily alternate actually has the best look, but we should always assume the...