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. Wave 3 blue ended a few minutes ago at 1343, about 4 points shy of my wave 3 blue target, where wave 3 would have equalled 1.618 times wave 1. Since wave 2 blue was a “flat”, […]
Elliott Wave Analysis of the S&P-500 (SPX) from Sid at ElliottWavePredictions.com
Elliott Wave Analysis of the S&P-500 (SPX) from Sid at ElliottWavePredictions.com. Click on the chart twice to enlarge. Wave 3 blue will reach 1.618 times the length wave 1 blue traveled at 1338.5. If wave 3 blue continues past that point, the next most likely relationship will be 2.618, which would take wave 3 blue […]
Quick Elliott Wave Update on the S&P-500 (SPX) by Sid from Elliott Wave Predictions.com
Quick Elliott Wave Update on the S&P-500 (SPX) by Sid from Elliott Wave Predictions.com. Click on the chart twice to enlarge. The tentative targets and invalidation points are on the chart. Gotta go vote . . Sid http://elliottwavepre.wpengine.com
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. If the above wave count is correct, the orthodox end of wave B (burgundy) ended on October 18 with a bearish truncated pink wave 5, which achieved an exact 1.382 relationship with wave A (burgundy). Wave B’s […]
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. So far, the expanding ending diagonal for wave 5 pink ending in truncation count shown in the last post is following though nicely. The chart above shows what I believe is a better way to count the […]
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 to enlarge. The choppy upwards movement since September 26 may be an expanding diagonal. If it is, the SPX must rally to above 1460.51 before moving below 1435.60. If that occurs, subsequent movement below 1430.53 would likely indicate that 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 charts twice to enlarge. After the threat of unlimited debasement of the US Dollar from Ben Bernanke two weeks ago, the S&P jumped, but just as quickly stalled out. Now, upon Friday’s close, a second weekly MACD histogram divergence has occurred, […]
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. As many of you are aware, I think that since the DJIA started in 1896, supercycle wave 1 ended in 1929 as a leading diagonal with a huge wave 5 throw-over, then supercycle wave 2, a 90% […]
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. While it appears that the August high will hold in the DJIA, as I’ve been showing in my weekend “Counts” webinar the last two weeks, the S&P still has a last-ditch chance of making a slight new high […]
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 is one of my alternate long-term Elliott Wave counts for the SPX that appears to be gaining in probabilty. As many of you know, I think the 90% U.S. stock market crash from 1929-1932 was a […]
