US Oil Update – 24th April, 2013

If price moves above 91.99 my main wave count would be invalidated. This is the alternate I would use. However, if the main wave count is invalidated I would want to do further work on finding new alternates, to consider all possibilities. At this stage the chart...

S&P 500 Elliott Wave Technical Analysis – 5th October, 2012

Last analysis expected further upwards movement for Friday’s session, which is overall what has happened. I have the same two daily wave counts, each with its alternate, and now only one hourly wave count for you. The two daily wave counts differ at the monthly...

S&P 500 Elliott Wave Technical Analysis – 7th February, 2012

The Dow has broken above 12,876 and I expect what was our main wave count for the S&P 500 would be invalidated. I am switching today to the alternate wave count developed over the weekend, and this is our only wave count now. The mid to long term outlook is still...

S&P 500 Elliott Wave Technical Analysis – 6th February, 2012

Sideways movement in a small range for Monday’s session has not provided clarity. Price is very close to an important invalidation point. However, if price moves above this point I am comfortable that I have a wave count which fits all subdivisions. If we switch...