S&P 500 Elliott Wave Technical Analysis – 23rd January, 2014

I had expected Thursday’s session to see downwards movement towards a short term target at 1,821, with an increase in downwards momentum. This is what happened as price has reached 1,820.06. The wave count remains the same. Summary: The middle of a third wave...

S&P 500 Elliott Wave Technical Analysis – 3rd December, 2013

Yesterday’s analysis expected downwards movement for Tuesday’s session towards a target at 1,790. Price has reached 0.9 points below the target. I had expected the target to be two to four days away, but it has been reached in only one day. The wave count...

S&P 500 Elliott Wave Technical Analysis – 7th October, 2013

Last analysis expected upwards movement for Monday’s session which is not what happened. Price remains above the invalidation point on the hourly chart, but this movement does not look impulsive. It looks corrective. I have a new weekly alternate wave count for...

S&P 500 Elliott Wave Technical Analysis – 11th September, 2013

Yesterday’s analysis expected more upwards movement towards a short term target zone at 1,690 to 1,694, favouring the lower end of the target zone. Price has moved higher to reach 1,689.10, just below the target. The wave counts remain mostly the same, except I...