Upwards movement today fits the main Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 13, 2019
Tag Archives: s&p 500 elliott wave count
S&P 500: Elliott Wave and Technical Analysis | Charts – August 12, 2019
A sideways inside day to end the trading week leaves both Elliott wave counts essentially the same.
Classic technical analysis favours the main Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 12, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – July 17, 2019
Downwards movement remains above the invalidation point on the daily chart. The short-term hourly chart is today relabelled after the pullback of this session.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – July 17, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – June 24, 2019
For the very short term, a small pullback was expected to begin the new trading week, which is what has happened. The Elliott wave count and targets remain the same.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – June 24, 2019
S&P 500: Elliott Wave and Technical Analysis | Video – June 21, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – June 21, 2019
Further upwards movement continues as expected from the Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – June 21, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – May 30, 2019
A little sideways movement to complete a small range Doji candlestick fits the Elliott wave count. Price remains within the channel and below the invalidation point.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – May 30, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – May 29, 2019
The most likely scenario expected yesterday was for downwards movement to continue, which is what has happened. The first target is met and the structure is incomplete. The second target will now be used.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – May 29, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – May 7, 2019
A correction was expected for this week. Price remains within the channel on the daily chart as expected.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – May 7, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – May 6, 2019
For the very short term, a little downwards movement to 2,894 and at least below 2,900.50 was expected to begin the week. The low for Monday at 2,898.21 fits the expectation reasonably well. Price remains range bound.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – May 6, 2019