S&P 500 Elliott Wave Technical Analysis – 6th January, 2014

Last analysis expected a little downwards movement to begin the new week, followed by upwards movement. This is mostly what has happened. On the hourly chart this movement fits perfectly with the main wave count. The alternate hourly wave count was invalidated. Click...

S&P 500 Elliott Wave Technical Analysis – 16th October, 2013

Yesterday’s analysis expected upwards movement for both a main and alternate hourly wave count. This is exactly what happened. The structure of this upwards movement (is it a three or a five?) will show which wave count is correct. I have just the one wave count...

S&P 500 Elliott Wave Technical Analysis – 12th September, 2013

Yesterday’s analysis expected more upwards movement to a target at 1,695 to 1,697 before a small fourth wave correction began. Price moved only marginally higher, falling 5.03 points short of the target before the fourth wave began. The wave count remains the...