S&P 500 Elliott Wave Technical Analysis – 20th February, 2014

There is now a very clear channel breach on the daily chart with a full candlestick outside the channel. Despite upwards movement at the end of the session creating a green candlestick for Thursday the wave count remains the same and I have a little more confidence in...

S&P 500 Elliott Wave Technical Analysis – 5th February, 2014

I had expected choppy overlapping movement for the start of a second wave correction which is what happened. The wave count remains the same. Summary: A minor degree second wave has begun. I will expect choppy, overlapping movement for about one to two weeks. Tomorrow...