S&P 500 Elliott Wave Technical Analysis – 10th August, 2017

A new low below 2,462.17 in the first hour of the session added confidence to the Elliott wave count which expected a deeper pullback was in the early stages. The target for it to end and the expectation for how long it may last will remain the same for now. Summary:...

S&P 500 Elliott Wave Technical Analysis – 16th June, 2017

A small range inside week completes, which is exactly what was expected at the beginning of the week. Price is consolidating. Summary: Expect a sideways consolidation to continue into next week as well. When it is done, it should offer a good entry point to join the...

S&P 500 Elliott Wave Technical Analysis – 8th June, 2017

Price has moved higher as last analysis expected. The Elliott wave target remains the same. Summary: While price remains above 2,418.71, then expect it is more likely that this downwards movement is a smaller pullback within an ongoing upwards trend. The target is now...

S&P 500 Elliott Wave Technical Analysis – 5th April, 2017

Upwards movement was expected. Price did move higher to begin the session, but fell strongly in the final hours to close red. An outside day was completed. Summary: If the main wave count is correct, then price should now begin to move strongly higher. An upwards...

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

Another downwards day has unfolded as expected to start the new trading week. The Elliott wave count remains the same and has support from volume and ADX. Summary: A shallow pullback looks very likely now to have arrived. It may continue for another few days and...