Tag Archives: elliott wave

S&P 500: Elliott Wave and Technical Analysis | Charts – April 11, 2019

Another small range day remains below the last high. Overall, this fits the short-term expectation for the Elliott wave count.

Today On Balance Volume and the AD line indicate the likely form of this current correction.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – April 11, 2019

S&P 500: Elliott Wave and Technical Analysis | Charts – March 28, 2019

Price is moving sideways and remains range bound.

The main Elliott wave count today has good support from classic technical analysis. The AD line (as an indication of market breadth) and moving averages are used to indicate the most likely breakout direction.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – March 28, 2019