S&P 500 Elliott Wave Technical Analysis – 28th June, 2017

A downwards day was expected for Wednesday, but this did not happen. Upwards movement invalidated the hourly Elliott wave count. Summary: Expect now a multi week to multi month pullback has begun. The target zone for it to end is about 2,400 to 2,322. Expect downwards...

S&P 500 Elliott Wave Technical Analysis – 31st May, 2017

An outside day moved price lower to start the session. Summary: The target is at 2,440 (Elliott wave target) to 2,448 (classic analysis target). Expect upwards movement to continue. Corrections are an opportunity to add to long positions. In the short term, a new low...

S&P 500 Elliott Wave Technical Analysis – 20th January, 2017

A little upwards movement invalidated the hourly Elliott wave count. Summary: Some downwards movement to find support at the lilac / purple trend line is expected, about 2,211. If this target is wrong, it may be a little too low. Use the trend line as a preference. If...