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 charts twice to enlarge. Many, including myself, have been counting 5 waves up from the November 16 low, and have been expecting that that would be followed by downward movement. Then yesterday, a very slight new high appears to give the […]
Short-Term Elliott Wave Update on the S&P-500 (SPX) by Sid from ElliottWavePredictions.com
Short-Term Elliott Wave Update on the S&P-500 (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. The retracement of the downward movement from April 11 through April 18 has deepened. My current main and alternate counts are shown above, and both still expect a large downward impulse to below the April 18 […]
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 charts twice to enlarge. The fairly clear 5-wave impulse to the downside in the S&P-500 from April 11 has now been retraced by slightly more than .618, creating a textbook Elliott Wave short. 1597.35 is invalidation, and even if the more […]
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. Ending diagonals are tricky to count in realtime, and if they continue to chop to new extremes, different diagonal interpretations can emerge. With the S&P moving to new highs this morning, there is now a way to […]
Quick Update on the S&P-500 (SPX) by Sid from ElliottWavePredictions.com
Quick Update on the S&P-500 (SPX) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. So far, the upward movement in the S&P from the December 31 low is eerily similar to many of the up waves since the March 2009 low. A fractal of this odd looking impulse has occurred numerous times […]
Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com
I have main and alternate wave counts to show today for the S&P-500. The main count was first presented here in the August 9 2011 post, except that the Burgundy wave B has been drawn out and expanded ridiculously by an unprecedented level of central bank manipulation of the markets. It shows that Burgundy wave B is very close to completion. The alternate […]
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 up-move from the November 28 low is choppy and overlapping, so the best interpretation I can deduce at the moment is that of an expanding ending diagonal for wave c pink. Wave 5’s of expanding ending […]
Elliott Wave Analysis of the S&P-500 (SPX) from Sid @ ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 (SPX) from Sid @ ElliottWavePredictions.com. Click on the chart twice to enlarge. In a nutshell, I still think that October 18 was the end of burgundy wave B, based on the strong fibonacci relationship of the lengths of burgundy A and B, as well as the strong MACD divergences […]
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 move down from October 18 through November 16 looks more like an abc than a 5-wave impulse, although because wave 1’s are often “unclean”, either could be correct. My main count is that wave 1 blue […]
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 rally from 1343 has certainly been aggressive, and has already broken slightly above the blue trend channel shown in the last post. While this doesn’t necessarily invalidate my main count (because wave 4’s often end just […]
