Elliott Wave Analysis of the S&P 500 SPX EX – the “Bullish ’til June” scenario – by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the S&P500 SPX – the “bullish ’til June” scenario – by Sid from ElliottWavePredictions.com. As always . . please click on the chart twice to enlarge. The push off yesterday’s mid-day low followed through aggressively today, and looks to have legs. So . . (trumpet blast) . . enter my new […]
Elliott Wave Analysis SPX S&P500 (the top is “in” scenario) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis SPX S&P500 (the top is “in” scenario) by Sid from ElliottWavePredictions.com. And finally, here is a scenario where the 26-month-old bull market ended on May 2nd. Since there are 4 viable possibilities right now, we’ll just have to see what the market reveals to us over the next few days in order […]
Elliott Wave Analysis SPX S&P500 (ending diagonal scenario) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis SPX S&P500 (ending diagonal scenario) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. This ending contracting diagonal Elliott Wave count calls for one more upside push to a new high to end the 26 month old bull market. In this scenario, movement below 1325.7 invalidates, the max high is […]
Elliott Wave Analysis SPX S&P500 (triangle or flat scenario) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the SPX index of the S&P 500. Click on the chart twice to enlarge. Shown are two of the SPX Elliott Wave counts for those who believe that the top isn’t in yet. It depicts the path of both an expanded flat in the S&P (see the black arrows), and a […]
Elliott Wave Analysis of the S&P 500 (SPX) by Sid from ElliottWavePredictions.com
Here is my current Elliott Wave Analysis for the S&P 500 Index (symbol SPX). While my previous expectation for a wave 4 black running triangle or expanded flat has not been invalidated, because the upward movement in the Nasdaq COMPQ index from March 16 through April 6 counts as clearly impulsive (1-2-1-2-3-4-3-4-5), and is confirmed […]
$SPX – February 13, 2011 – monthly candles. Middle of Cycle wave 3 of Supercycle wave 5 up . . .
There are constant rumblings from many of the trading blogs regarding the underlying internal weakness accompanying the incessant rise of the US stock market since March of 2009, and especially since July 2010. The explanation for this may may be as simple as one of the Elliott Wave guidelines of wave personality: fifth waves are by nature, weaker in breadth than third waves. The above chart is […]