Downwards movement remains above the invalidation point and within the channel on the hourly chart. Both main and alternate Elliott wave counts remain valid.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – October 1, 2019
Tag Archives: s&p 500 elliott wave count
S&P 500: Elliott Wave and Technical Analysis | Charts – September 30, 2019
Upwards movement was expected to begin the new week. The Elliott wave target remains the same. The breakaway gap continues to provide support.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – September 30, 2019
S&P 500: Elliott Wave and Technical Analysis | Video – September 6, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – September 6, 2019
A finish to the week with a small range inside day does not change the Elliott wave count. The target remains the same and the wave count has strong support from classic technical analysis.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – September 6, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – September 5, 2019
An upwards breakout from a consolidation was expected. The Elliott wave target remains the same.
The main Elliott wave count has very strong support from classic technical analysis, particularly the AD line.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – September 5, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – August 13, 2019
Upwards movement today fits the main Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 13, 2019
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