S&P 500 Elliott Wave Technical Analysis – 9th November, 2015

The Elliott wave count expected more downwards movement and that is what happened. Summary: More downwards movement is expected, The first invalidation point on the hourly chart is very close by at 2,083.74. The target for tomorrow is at 2,063. The wave count expects...

S&P 500 Elliott Wave Technical Analysis – 30th October, 2015

Upwards movement was expected, but the target at 2,107 was too high. Summary: Upwards movement may be over. A clear breach of the channel on the hourly chart would provide confidence. The next wave down would most likely make new lows. A new low below 2,020.13 would...

S&P 500 Elliott Wave Technical Analysis – 3rd August, 2015

Both Elliott wave counts and regular technical analysis expected this week to begin with downwards movement, which is exactly what happened. Summary:For the short term, a little upwards movement at least to about 2,119 may begin tomorrow. This may end during...

S&P 500 Elliott Wave Technical Analysis – 23rd June, 2015

The main Elliott wave count expected overall more upwards movement with corrections to find support at the lower edge of the channel on the hourly chart. A small green candlestick for Wednesday fits the main Elliott wave count, and the lower edge of the channel is...

S&P 500 Elliott Wave Technical Analysis – 31st March, 2015

Downwards movement was expected for the main Elliott wave count for Tuesday. This is what happened. Summary: The main wave count requires downwards movement which must subdivide as an impulse and should show an increase in downwards momentum. The target for the next...