S&P 500 Elliott Wave Technical Analysis – 13th September, 2012

Last analysis had two target zones. Price has reached just above the upper edge of the higher second target zone which was 1,451 – 1,459. At this stage a careful analysis of the structure which has unfolded so far should be able to tell us if this trend is over...

S&P 500 Elliott Wave Technical Analysis – 12th September, 2012

Analysis for Tuesday 11th September expected the S&P 500 to continue to rise to new highs. A new high was made yesterday on the 12th as expected. I have still the one daily wave count for you today plus three hourly alternate wave counts. The hourly wave counts...

S&P 500 Elliott Wave Technical Analysis – 10th September, 2012

Price moved very slightly higher to begin Monday’s session, before turning lower. This is exactly what the last analysis expected, and upwards movement has fallen 2.26 points short of the narrow target zone. So far the main wave count is explaining price action...

S&P 500 Elliott Wave Technical Analysis – 30th August, 2012

Price moved lower during Thursday’s session, which was expected for all three hourly wave counts, but downwards movement was more than was expected. Both the alternate hourly wave counts are invalid and the main wave count required adjustment. Overall this...