Tag: projection

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 […]

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 […]