S&P 500 Elliott Wave Technical Analysis – 17th January, 2013

Last analysis again expected downwards movement to the same target. Again price has moved higher and so the wave count has been changed, although it remained valid. I have just the one daily and hourly chart for you today. Click on the charts below to enlarge. The...

S&P 500 Elliott Wave Technical Analysis – 15th January, 2013

Last analysis expected choppy and overlapping downwards movement from the S&P 500 during Tuesday’s session, which is pretty much what has happened as a new low was made in mostly sideways movement. The wave count remains the same. The daily chart is the...

S&P 500 Elliott Wave Technical Analysis – 8th January, 2013

Last analysis expected overall more sideways movement within a limited range for Tuesday’s session which is essentially what we have seen. I had expected the session to begin with a little upwards movement though, which did not happen. The wave count remains the...

S&P 500 Elliott Wave Technical Analysis – 20th November, 2012

Yesterday’s analysis expected sideways and downwards movement for Tuesday’s session which is what happened. The structure on the hourly chart is unfolding as expected. I have still just the one daily chart for you. Today I have two hourly charts which look...