S&P 500 Elliott Wave Technical Analysis – 26th July, 2017

Last analysis was clear: the trend is still up. A new all time high was therefore expected as most likely. Summary: The trend is up. Trading with the trend is the safest approach for your account. Use corrections as an opportunity to join the trend. The last open gap...

S&P 500 Elliott Wave Technical Analysis – 17th July, 2017

A very small inside day leaves the Elliott wave counts mostly unchanged. Summary: In the short term, volume and divergence with the AD line suggest a green daily candlestick tomorrow and a new all time high. The profit target is at 2,478. The upwards trend has...

S&P 500 Elliott Wave Technical Analysis – 10th July, 2017

Downwards movement was expected for Monday. This did not happen, but price has remained below the invalidation point on the hourly chart and at the end of Monday’s session has returned to within the channel. Summary: A strong bullish signal today from On Balance...

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

Downwards movement is again unfolding as the Elliott wave count and classic technical analysis expected. Summary: Some confidence today is had in the wave count with a breach of the Elliott channel. A deeper pullback looks very likely now to have arrived. It may last...

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

Upwards movement to a short term target at 2,139.50 was expected. Upwards movement did unfold, but reached 7.37 points above the target. Summary: Volume does not support this upwards movement, and there is some regular bearish divergence between price and the AD line...