Tag Archives: elliott wave

S&P 500: Elliott Wave and Technical Analysis | Charts – 5th October, 2018

A signal from On Balance Volume and another signal from the AD line this week all support the alternate Elliott wave count. Price is the ultimate determinator though, so a specific price point is given for members that may indicate which wave count is correct.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 5th October, 2018

S&P 500: Elliott Wave and Technical Analysis | Charts – 27th September, 2018

A small range inside day does not offer clarity as to which Elliott wave count is correct. Candlesticks and the short term volume profile are analysed to determine the most likely direction for tomorrow.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 27th September, 2018

S&P 500: Elliott Wave and Technical Analysis | Charts – 21st September, 2018

Upwards movement for the week to new all time highs was expected for the main Elliott wave count.

Also, upwards movement for the week has invalidated the alternate Elliott wave count. When alternate wave counts are invalidated, then more confidence may be had in the main wave count.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 21st September, 2018