Overall, price continues to move higher towards the Elliott wave target, which remains the same.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – November 19, 2019
Tag Archives: s&p 500 elliott wave technical analysis
S&P 500: Elliott Wave and Technical Analysis | Video – October 25, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – October 25, 2019
A new all time high for the S&P500 was expected as likely this week. While price has not managed to make a new all time high, Friday’s high is just 0.59 points short. Strength in upwards movement fits the Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – October 25, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – October 2, 2019
Yesterday’s summary advised members to take the alternate Elliott wave count seriously. A new low below 2,931 invalidated the main Elliott wave count and provided confidence in the alternate Elliott wave count. At that stage, the targets were 2,923 or 2,898.47. A low for the session at 2,874.93 saw both targets met and passed.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – October 2, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – September 9, 2019
An outside day with a new high comes with support from rising market breadth. The Elliott wave count remains the same.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – September 9, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – August 14, 2019
A strong downwards day fits what was yesterday’s alternate Elliott wave count, which has increased in probability to now become the main Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 14, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – July 19, 2019
Downwards movement at the end of Friday’s session remains above the invalidation point on the hourly chart and within the short-term best fit channel. However, at the end of the week a pattern on the weekly chart along with the AD line and inverted VIX suggest a new Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – July 19, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – June 25, 2019
For the very short term, a little more downwards movement was expected to end about 2,930 to 2,924. Downwards movement for the session reached 2,916.01, 7.99 below the lower edge of the target zone.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – June 25, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – May 31, 2019
Downwards movement was expected as most likely for Friday’s session, which is exactly what happened.
The first target at two degrees can now be calculated.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – May 31, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – May 8, 2019
A small inside day leaves the short-term Elliott wave count unchanged.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – May 8, 2019