Upwards movement continues towards the small 2 point target zone, which remains the same. The target is calculated using Elliott wave and Fibonacci ratios, and from the last open gap.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – December 19, 2019
Price continues to move higher towards the target with brief and shallow corrections, exactly as expected.
A small channel on the hourly chart today may be used to indicate when the next correction may have arrived.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – November 27, 2019
Price continues on upwards towards the next target.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – November 4, 2019
Divergence between price and market breadth at the last high for price strongly supports the main Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – October 10, 2019
Upwards movement has unfolded for Tuesday exactly as expected.
Price is perfectly bouncing up off the support line on the short-term hourly chart. The Elliott wave count remains the same.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – September 17, 2019
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