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. Here in my most recent wave-count roadmap for the S&P, as explained in Sunday’s live webinar. My main count is now that the October 27 high will hold, and that Wave C burgundy is underway, with a […]
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 upward movement from the November 1 low can be interpreted as a triple zigzag, and reversed right at the .786 fibonacci. The aggressiveness of the downward movement over the last 7 hours brings back the likelihood […]
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. I’m considering flipping my main and alternate counts. The systemic problems in Europe may be too severe to expect the typical seasonal year-end rally to amount to much. I’ll be going over the main and alternate wave […]
Quick Update on the S&P-500 and Euro by Sid from ElliottWavePredictions.com
The Euro and the S&P just moved past the upside invaldation point of the triangle scenario. It is therefore possible that wave B black in the SPX already finished as either a running flat, or a WXY combination, and an upward 5-wave impulse for wave C black is underway, starting either from the Oct 18 […]
Elliott Wave Analysis of the S&P-500 Index (SPX) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 Index (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Movement in equities and currencies is suggesting the possibility of a triangle formation, which means that downward movement may be quite limited at this time. 1191.48 is the SPX “line in the sand” between a running […]
Elliott Wave Analysis of the S&P-500 Index (SPX) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 Index (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. My long-time primary expectation that equities will “hold up” thru year end is still in-tact, and is supported by long term wave structures in the US Dollar and Oil that require several more weeks of corrective […]
Elliott Wave Analysis of the S&P-500 (ES futures contract) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 ES futures contract by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The most recent whipsaw may be complete, and I think the S&P is getting close to starting into a move back to the bottom of the recent range. The fact that a large WXY combination […]
Quick Update on the S&P-500 emini (ES contract) by Sid from ElliottWavePredictions.com
Quick Update on the S&P-500 emini (ES contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge . . Sid http://elliottwavepre.wpengine.com
Elliott Wave Analysis of the S&P-500 futures contract (ES) by Sid from Elliott WavePredictions.com
Elliott Wave Analysis of the S&P-500 futures contract (ES) by Sid from Elliott WavePredictions.com. Click on the chart twice to enlarge. The knee-jerk market reaction to “Operation Twist” was impulsively negative, and despite the fact that the S&P moved (so far) pretty much exactly to my target for wave b pink (see yesterday’s post), the […]
Elliott Wave Analysis of the SPX index (S&P-500) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the SPX index (S&P-500) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Movement in the SPX has continued to progress as expected. Here is my main wave count depicted on weekly, daily, and 60 minute charts . . Sid http://elliottwavepre.wpengine.com
