S&P 500 Elliott Wave Technical Analysis – 28th July, 2016

Upwards movement was expected for Thursday’s session. Overall, price moved higher to print a green daily candlestick. Summary: In the short term, an upwards swing should take price back up to about 2,175 or a little above. Thereafter, the wave counts diverge....

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

A little upwards movement was expected but did not happen. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. The target is 2,124. The invalidation point for this rally is 2,134.72. A short...