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 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
Elliott Wave Analysis of the DJIA and Euro by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the DJIA and Euro by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. I think this next week is a bit of a crap shoot. We are due a pink wave “b” in the DJIA and SPX, but it could be short & quick (if blue Y equals blue […]
Elliott Wave Analysis of the DAX, SPX, and Nasdaq by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the DAX, SPX, and Nasdaq by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. For those of you that follow this site regularly, you’ve been aware of the truncated 5th wave down in the US equities indices (from Aug 17 thru Aug 22) since the September 2 post, and […]
Elliott Wave Analysis of the S&P-500 e-mini futures contract (ES) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 e-mini futures contract (ES) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Based on the Euro possibly being overdue for a relief rally, as well as what counts best (at least in the contract, which isn’t as reliable as the index) as 5 waves up in […]