S&P 500 Elliott Wave Technical Analysis – 1st June, 2017

Upwards movement was expected to continue. The targets remain the same. Summary: The target is at 2,440 (Elliott wave target) to 2,448 (classic analysis target). Expect upwards movement to continue. Corrections are an opportunity to add to long positions. In the short...

S&P 500 Elliott Wave Technical Analysis – 24th August, 2016

Downwards movement invalidated the hourly Elliott wave count when price crossed the near by invalidation point. The daily Elliott wave count remains valid. Summary: A new high above 2,193.42 would indicate a third wave up is underway, target 2,230. A new alternate...

S&P 500 Elliott Wave Technical Analysis – 2nd August, 2016

A little upwards movement was expected before downwards movement, but this is not what happened. Price moved lower earlier than expected. Summary: The wave counts diverge strongly today. The main wave count requires confirmation with a new high above 2,178.29; if that...

S&P 500 Elliott Wave Technical Analysis – 8th April, 2016

Upwards movement was expected and how the session began. Thereafter, downwards movement remained above the invalidation point on the hourly chart. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the...