S&P 500 Elliott Wave Technical Analysis – 7th November, 2017

A new all time high at the start of the session has been followed by a small pullback. A pullback was expected from the last Elliott wave analysis as another second wave correction. Summary: The Elliott wave target is at 2,616 and a target from a small pennant pattern...

S&P 500 Elliott Wave Technical Analysis – 17th October, 2017

Bearish divergence continues today, which supports the expectation of a pullback. Summary: Bearish divergence continues with the AD line and VIX, so for this reason the expectation of a pullback beginning here will remain. While the trend remains up, look out for at...

S&P 500 Elliott Wave Technical Analysis – 6th October, 2017

Upwards movement was expected but price has moved sideways for Friday to complete an inside day. The short term Elliott wave count is slightly adjusted at the hourly chart level today. Summary: Assume the trend remains up while price remains within the violet channel...