Tag Archives: s&p500 market price

S&P 500 Elliott Wave Technical Analysis – 13th July, 2015

The target for upwards movement for Monday was 2,097.

Price moved higher, as expected, to reach 3.67 points above the target.

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S&P 500 Elliott Wave Technical Analysis – 7th July, 2015

Upwards movement was expected.

Although Tuesday completed a green candlestick, downwards movement during the day breached the invalidation point on the hourly chart.

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S&P 500 Elliott Wave Technical Analysis – 1st July, 2015

The Elliott wave count expected downwards movement, but this is not what happened.

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S&P 500 Elliott Wave Technical Analysis – 24th June, 2015

A breach of the channel on yesterday’s first hourly Elliott wave count indicated the second count, which expected downwards movement, was more likely.

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S&P 500 Elliott Wave Technical Analysis – 17th June, 2015

Upwards movement again favours the bull Elliott wave count.

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S&P 500 Elliott Wave Technical Analysis – 11th June, 2015

A little more upwards movement has reduced the probability of the alternate Elliott wave count.

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S&P 500 Elliott Wave Technical Analysis – 9th June, 2015

Further downwards movement fits the alternate Elliott wave count better than the main Elliott wave count, but price has not yet confirmed one and invalidated the other.

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S&P 500 Elliott Wave Technical Analysis – 1st June, 2015

Upwards movement was expected. Monday did complete a small green candlestick, but a new low of 2 points began the session. This small downwards movement has remained above the invalidation point on the hourly chart.

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S&P 500 Elliott Wave Technical Analysis – 22nd May, 2015

Downwards movement was expected. A small red candlestick fits the Elliott wave count.

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S&P 500 Elliott Wave Technical Analysis – 18th May, 2015

Upwards movement for Monday is exactly what the Elliott wave count expected. The target remains the same.

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