Tag Archives: latest s&p 500 elliot wave analysis

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

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