S&P 500 Elliott Wave Technical Analysis – 9th April, 2015

Upwards movement invalidated the hourly Elliott wave count. Both daily Elliott wave counts remain valid. Summary: I still expect a continuation of downwards movement over the next few days to build downwards momentum. The target is at 1,981. A new low below 2,039.69...

S&P 500 Elliott Wave Technical Analysis – 2nd March, 2015

Upwards movement was expected for both Elliott wave counts. Summary: Upwards movement may continue for three more sessions to reach 2,133. It is possible that it is over, but this has a lower probability. Click charts to enlarge. Bullish Wave Count Upwards movement...

S&P 500 Elliott Wave Technical Analysis – 29th January, 2015

Price has still not confirmed either Elliott wave count, and they both remain valid. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed with a new low below 1,988.12. The alternate must see upwards movement from here,...