Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com

Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. My main wave count for the S&P expects a big up-day tommorow, likely completing a 50 to 61.8 percent retracement of the 5-wave non-overlapping downward impluse that occurred between July 19 and July 24. The most likely […]

Elliott Wave Analysis of the S&P-500 by Sid from ElliottWavePredictions.com

Elliott Wave Analysis of the S&P-500 by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. It is highly possible that wave 5 green ended in truncation today. Truncations are very bearish. Additionally, there was a traditional VIX sell signal at yesterday’s close. Throwing fuel on the fire, the WXY combination corrections in the […]

Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com

Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The major US stock market incices continue to appear to be carving out an expanded or running flat for wave 2 black. The wave B (blue) was quite deep, and reached slightly beyond 1.618 times the length […]

Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com

Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The SPX index is at a very important crossroads. Typically, after an extended 5th wave within an impulse, the following correction will seek the extreme of wave 2 within the extended 5th wave. In the SPX, that […]