Price is now at the upper edge of a multi-year channel. The Elliott wave counts remain essentially the same.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – January 16, 2020
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S&P 500: Elliott Wave and Technical Analysis | Charts – December 17, 2019
The Elliott wave count has expected overall upwards movement for almost the entire year, which is what has happened.
Shorter-term pullbacks and consolidations may be indicated with warning signs from one or more of On Balance Volume, RSI, the AD line or inverted VIX.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – December 17, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – December 16, 2019
Price continues to move higher towards the next Elliott wave target exactly as expected.
Today a small gap is used to calculate a new short-term target.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – December 16, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – November 25, 2019
The upwards trend was expected to resume this week. A new all time high and a strong close is exactly what was expected. The Elliott wave structure unfolds as expected and the target so far remains the same.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – November 25, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – October 31, 2019
A breach of the channel on the hourly chart indicated a small pullback may be underway.
Price remains above the invalidation point. Both short-term Elliott wave counts remain valid.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – October 31, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – October 8, 2019
Some downwards movement for the short term was expected for Tuesday, which is what has happened. The short-term target was at 2,920 or 2,896. The low for the session was at 2,892.71, which was just 3.29 points below the second target.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – October 8, 2019
S&P 500: Elliott Wave and Technical Analysis | Video – September 13, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – September 13, 2019
For the short term, a pullback or consolidation was expected to begin on Friday. This is exactly what has happened.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – September 13, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – August 20, 2019
A small downwards day leaves both Elliott wave counts valid. Internal strength or weakness of the last few sessions is analysed to indicate which Elliott wave count looks most likely.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – August 20, 2019
S&P 500: Elliott Wave and Technical Analysis | Charts – July 25, 2019
An inside day remains above support and within the channel on daily and hourly charts. The Elliott wave count remains the same.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – July 25, 2019