S&P 500 Elliott Wave Technical Analysis – 9th November, 2017

A sharp downwards movement today remained above the invalidation point on the main hourly Elliott wave count, and the long lower wick on this candlestick is interpreted as bullish. Although bears were able to push price sharply lower, they could not hold the lows and...

S&P 500 Elliott Wave Technical Analysis – 8th August, 2017

The diamond pattern was broken but the possible upwards breakout was quickly reversed. The second hourly Elliott wave count expected this but price fell 6.13 points short of the target. Summary: It now looks likely that primary wave 3 ended today and primary wave 4...