Category Archives: S&P500

Hello! If you are looking for a technical update on S&P500 using Elliott Wave Analysis, then you have come to the right spot. I’m sure you will find loads of interesting stuff in these pages. Enjoy!

Elliott Wave Analysis of S&P 500

The current rally in the S&P500 index looks powerful, and this should make people wonder about the medim term outlook for the US stock market. Readers might remember my post of 16 December 2011 where I suggested that we will … Continue reading

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S&P500 Elliott Wave Outlook Dec 2011

Two things are clear from the attached chart. First, there is a reasonably good chance that we will go back and forth for a few more weeks, and it is possible that one particular rally will be relatively powerful. However, … Continue reading

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S&P 500 breaks higher: update 2 June 2009

After repeated failed attempts to break the support at 880 levels, the S&P500 index has finally rallied to fresh 2009 highs. Where does this leave the Elliott wave analyst who has been looking for an eventual move lower towards 780?

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S&P500 Elliott Wave update:21 May 2009

When we are seeking an imminent reversal we are happy to spot anything that seems to support our view! This is a normal trader behavior. There is nothing wrong about that, because we could still be right! However, I suggest … Continue reading

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S&P500 Update: May 19, 2009

One of the hardest decisions a trader makes is to take a punt against the current trend. It is seldom profitable immediately, and he worries how far away the market will go before his view becomes the accepted thinking. The … Continue reading

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S&P500 ready to dive?

On 5th May I presented you with this chart. The market more-or-less behaved as expected. In a more recent update I warned you to be patient until we get the first clue of a topping out is shown to us. … Continue reading

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S&P500 remains resilient

In recent updates I have called for the S&P500 index to remain well bid, warning we could see 937. That level is very close, and not far from another resistance at 943. I continue to remain positive in the very near term for the market Continue reading

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S&P500 continues its rally

The 886 level in S&P didn’t hold for long, and any shorts there should have been stopped just above that level. The market continues to remain strong, and there is a pretty good chance we will reach 937. See what … Continue reading

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