S&P 500 Elliott Wave Technical Analysis – 11th April, 2016

Sideways movement of the last two sessions looks like an Elliott wave contracting triangle. In the short term, the wave count is changed. In the mid term, the expected direction is the same. Summary: This is still a bear market rally until proven otherwise. A final...

S&P 500 Elliott Wave Technical Analysis – 22nd March, 2016

A small green doji for the session looks corrective. Summary: This is still a bear market rally until proven otherwise. Price may continue a little lower tomorrow to complete a small correction about 2,035. Thereafter, the upwards trend should resume to at least...

S&P 500 Elliott Wave Technical Analysis – 12th March, 2015

An upwards bounce was expected. The green candlestick for Thursday’s session fits both Elliott wave counts. Summary: If upwards movement continues tomorrow the main wave count will increase in probability. The target at 2,178 may be met 25th March, give or take...

S&P 500 Elliott Wave Technical Analysis – 19th December, 2014

More upwards movement was expected. The target remains the same. Summary: The mid term target is at 2,132. This may be met in 10 or 18 days time. Click on charts to enlarge. Bull Wave Count I will favor neither the bull or bear wave count. Both are viable and both...