More downwards movement was expected for the short term.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 13th November, 2018
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S&P 500: Elliott Wave and Technical Analysis | Charts – 18th October, 2018
Upwards movement was again expected to continue but did not happen.
There are three Elliott wave counts today. Classic technical analysis favours the first two.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 18th October, 2018
S&P 500: Elliott Wave and Technical Analysis | Charts – 19th September, 2018
Upwards movement continues as the main Elliott wave count expects.
A strong new signal today from On Balance Volume supports the main Elliott wave count.
Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – 19th September, 2018
S&P 500 Elliott Wave Technical Analysis – 27th August, 2018
Price continues higher exactly as the Elliott wave count expects.
Members were warned at the end of last week to look out for strength in upwards movement. With a strong gap higher and an increase in slope of upwards movement, that is what is happening so far.
Continue reading S&P 500 Elliott Wave Technical Analysis – 27th August, 2018
S&P 500 Elliott Wave Technical Analysis – 2nd August, 2018
An outside day fits all three short term Elliott wave counts.
Volume, On Balance Volume and the AD line will be used today to determine if the consolidation is likely over or may continue.
Continue reading S&P 500 Elliott Wave Technical Analysis – 2nd August, 2018
S&P 500 Elliott Wave Technical Analysis – 15th June, 2018
A green daily candlestick was expected for Friday’s session. Although the candlestick printed green, the session saw a lower low that was not expected.
Overall, the Elliott wave count remains the same with price remaining well above the invalidation point. The AD line and On Balance Volume continue to support the Elliott wave analysis.
Continue reading S&P 500 Elliott Wave Technical Analysis – 15th June, 2018
S&P 500 Elliott Wave Technical Analysis – 14th June, 2018
A consolidation was expected to end about 2,769. Sideways movement overall fits the form of a consolidation, although it has turned out so far to be more shallow than expected.
Continue reading S&P 500 Elliott Wave Technical Analysis – 14th June, 2018
S&P 500 Elliott Wave Technical Analysis – 8th June, 2018
Upwards movement continues exactly as the main Elliott wave count and classic technical analysis expect. When classic technical analysis offers strong support to the Elliott wave count, then confidence may be had in the analysis overall.
Continue reading S&P 500 Elliott Wave Technical Analysis – 8th June, 2018
S&P 500 Elliott Wave Technical Analysis – 25th May, 2018
A small inside day fits the Elliott wave count.
At the end of the week, VIX and the AD line and On Balance Volume are all giving signals which are in agreement.
Continue reading S&P 500 Elliott Wave Technical Analysis – 25th May, 2018
S&P 500 Elliott Wave Technical Analysis – 24th May, 2018
A lower low and a lower high fits the definition of downwards movement, which is what was expected for the session.
Continue reading S&P 500 Elliott Wave Technical Analysis – 24th May, 2018