A breakout is expected tomorrow. The target remains the same.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 22, 2019 →

A small range inside day leaves the Elliott wave counts and targets unchanged.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – July 29, 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 →

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 →

An upwards breakout has support from volume today. Elliott wave targets remain the same.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – April 23, 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 →

Sideways movement continues within the range that price has been in now for six sessions. The breakout is still expected to be in the same direction.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – March 5, 2019 →

A breach of an important channel changes the mid-term outlook for the S&P today. Members were warned yesterday that the risk of a pullback was heightened.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – February 7th, 2019 →

The upwards trend has resumed after a small triangle completed, which was exactly what the Elliott wave count expected.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 15, 2019 →

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 →