S&P 500 Elliott Wave Technical Analysis – 10th March, 2014

A small red candlestick on the daily chart fits with this wave count. While price remains within the pink channel on the hourly chart we do not have confirmation of a trend change. The wave count remains the same. Summary: The situation is still unclear but in the...

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

Yesterday I expected upwards movement from the S&P for Thursday’s session to a short term target at 1,769. Price moved higher as expected, reaching 1,774.06, 5.06 points above the target. The wave count remains the same. Summary: I now expect downwards...