S&P 500 Elliott Wave Technical Analysis – 27th June, 2014

Last Elliott wave analysis expected downwards movement. This is not what happened. Price moved higher but remains below the invalidation point. Summary: The downwards structure is giving cause for concern. I want to see price break below 1,925.78 to have any...

S&P 500 Elliott Wave Technical Analysis – 13th June, 2014

I had expected Friday to begin with a little upwards movement before the downwards trend resumed to the target at 1,920. Friday did begin with upwards movement, which lasted all session. Summary: In the short term I expect more downwards movement towards a target at...

S&P 500 Elliott Wave Technical Analysis – 19th May, 2014

The small channel on the hourly chart was not breached and the second wave correction moved higher. I will continue to use the channel on the hourly chart for indication of when this correction is over. Summary: The target for the next wave down is 1,822. This target...

S&P 500 Elliott Wave Technical Analysis – 6th May, 2014

Further downwards movement is either a small second wave correction which should be almost over, or the continuation of a triangle for a B wave. I have a new alternate hourly wave count for you. Summary: I expect the upwards trend to resume either tomorrow or within a...

S&P 500 Elliott Wave Technical Analysis – 21st April, 2014

I had expected price to move move slightly higher to reach a little above 1,872.53 before turning down. Price did move higher but has not yet moved above 1,872.53. All three wave counts remain the same. Summary: Tomorrow I expect should begin with a slight new high...

S&P 500 Elliott Wave Technical Analysis – 16th December, 2013

Last analysis expected some more upwards movement towards a short term target at 1,789 before a trend change and more downwards movement. Price moved higher to reach 1,792.22 during Monday’s session and turned down a little at the end of the session. The wave...

S&P 500 Elliott Wave Technical Analysis – 18th November, 2013

Last analysis expected more upwards movement towards short term targets at 1,804 and 1,807. Upwards movement reached 1,802.33, 1.67 points short of the first target, before turning lower. The wave counts remain the same. Click on the charts below to enlarge. Main Wave...