S&P 500 Elliott Wave Technical Analysis – 12th October, 2015

A breach of the channel on the hourly chart may be taken as confirmation a correction has begun. Analysis this week will focus on identifying when the correction may be over. Summary: All three wave counts expect a sideways / downwards correction to develop from here...

S&P 500 Elliott Wave Technical Analysis – 27th August, 2015

The Dead Cat Bounce continues and remains below the invalidation point. I have two hourly charts for you today. Summary: A Dead Cat Bounce is most likely still unfolding and may end tomorrow. If the Dead Cat Bounce is a fourth wave, then it may end about 1,996, but if...

S&P 500 Elliott Wave Technical Analysis – 21st August, 2015

Yesterday’s analysis expected more downwards movement to a target at 2,002. The direction was right, but the target was inadequate. Summary: This third wave is not yet done. A target for it to end is now recalculated at 1,940. When this third wave is done the...

S&P 500 Elliott Wave Technical Analysis – 6th March, 2015

Downwards movement was not expected. The hourly Elliott wave count was invalidated. Summary: I have a new alternate wave count for you. The main wave count expects another twelve days of upwards movement to a target at 2,153. First confirmation would come with a new...

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

Price moved higher again as expected. Summary: I expect more upwards movement to a target at 2,133. This may be reached this week. Click charts to enlarge. Bullish Wave Count Upwards movement from the low at 666.79 subdivides as an incomplete 5-3-5. For the bull wave...