Tag Archives: latest s&p 500 elliot wave analysis

S&P 500: Elliott Wave and Technical Analysis | Charts – June 10, 2019

Upwards movement continued as was expected for the short term from last analysis.

Today a candlestick pattern along with signals from VIX indicate the next movement for the short term. The mid-term target remains the same.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – June 10, 2019

S&P 500: Elliott Wave and Technical Analysis | Charts – May 16, 2019

Yesterday’s analysis expected a sideways consolidation to continue for a few sessions. Some upwards movement today changes the short-term view slightly to see a bounce continuing, but the mid-term expectation and target remains the same.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – May 16, 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

S&P 500: Elliott Wave and Technical Analysis | Charts – 11th December, 2018

Yesterday’s analysis expected a low was in place. Today a higher high and a higher low fits the definition of upwards movement, although the candlestick closed red. The Elliott wave count remains the same and the target remains the same.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 11th December, 2018