S&P 500 Elliott Wave Technical Analysis – 24th October, 2014

Upwards movement continued. There was no breach of the small channel on the hourly chart, and so no confirmation of a trend change. Summary: It is likely that upwards movement will continue a little further to 1,968 or 2,003. Click on charts to enlarge. Bearish Wave...

S&P 500 Elliott Wave Technical Analysis – 12th August, 2014

Yesterday’s Elliott wave analysis expected downwards movement for Tuesday’s session which is exactly what happened. Tuesday has closed with a small red candlestick on the daily chart. Summary: I expect downwards movement for another two days. Look for...

S&P 500 Elliott Wave Technical Analysis – 10th April, 2014

Note: I have no broadband connection again today and so I am unable to upload video. I have been advised that my normal connection will be restored by tomorrow. Analysis will be text and charts only. Thank you for your patience. I had expected to see a little upwards...

S&P 500 Elliott Wave Technical Analysis – 9th April, 2014

Note: I have no broadband connection today and so I am unable to upload video. Analysis will be text and charts only. Thank you for your patience. Upwards movement was expected for a second wave correction, which is not over yet and may end tomorrow. Summary: I expect...

S&P 500 Elliott Wave Technical Analysis – 27th March, 2014

Downwards movement was expected from the main wave count. The alternate is now invalidated and I have some confidence in the main wave count. Price has not moved low enough for confidence in this wave count yet. The outlook is unchanged. Summary: I have some...

S&P 500 Elliott Wave Technical Analysis – 28th January, 2014

Yesterday’s analysis expected choppy overlapping movement for a small fourth wave correction which is exactly what happened. Downwards movement was expected and was what happened. The wave count remains the same. Summary: The fourth wave correction should move...