Tag Archives: spx daily elliott wave

S&P 500: Elliott Wave and Technical Analysis | Charts – December 23, 2019

Price continues to move higher as expected.

VIX may be sounding an early warning sign of the next pullback or consolidation, but the Elliott wave structure is incomplete and the small 2 point target zone has not yet been met.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – December 23, 2019

S&P 500: Elliott Wave and Technical Analysis | Charts – July 31, 2019

Despite a bullish move from the AD line yesterday, price has moved strongly lower. The short to mid-term picture is adjusted with new data, but the longer-term picture remains the same. Today the AD line indicates how much more downwards movement may be in store.

Continue reading S&P 500: Elliott Wave and Technical Analysis | Charts – July 31, 2019