Price continues to move higher towards the next target. The main Elliott wave count essentially remains the same.
An alternate Elliott wave count is used due to the increased risk of a pullback or consolidation developing here.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 14, 2020
Yesterday’s main Elliott wave count expected upwards movement to continue. The target remains the same.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 8, 2020
A small inside day continues a small consolidation. The main and alternate short-term Elliott wave counts remain essentially the same.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 7, 2020
Price is now very close to the Elliott wave target at 3,260.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 2, 2020
Now two small range days in a row have moved price lower. This fits with the expectation of a consolidation to continue.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – December 10, 2019
Overall, this week’s analysis has expected a consolidation or pullback for an Elliott wave fourth wave correction. That view remains unchanged at the end of this week.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – December 6, 2019
An inside day sees price remain above the invalidation point.
A new short-term Elliott wave count is presented.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – November 21, 2019
Another strong upwards day continues price towards the Elliott wave target.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – November 15, 2019