S&P 500 Elliott Wave Technical Analysis – 17th January, 2013

Last analysis again expected downwards movement to the same target. Again price has moved higher and so the wave count has been changed, although it remained valid. I have just the one daily and hourly chart for you today. Click on the charts below to enlarge. The...

S&P 500 Elliott Wave Technical Analysis – 15th January, 2013

Last analysis expected choppy and overlapping downwards movement from the S&P 500 during Tuesday’s session, which is pretty much what has happened as a new low was made in mostly sideways movement. The wave count remains the same. The daily chart is the...

S&P 500 Elliott Wave Technical Analysis – 8th January, 2013

Last analysis expected overall more sideways movement within a limited range for Tuesday’s session which is essentially what we have seen. I had expected the session to begin with a little upwards movement though, which did not happen. The wave count remains the...

S&P 500 Elliott Wave Technical Analysis – 5th December, 2012

Last analysis expected a small second wave correction to take price higher during Wednesday’s session, and to end during the session or possibly to take most of the session. Price reached higher as expected. The wave count remains the same with just the one...