Elliott Wave View: S&P 500 (SPX) Ending Wave 5

by elliottwave-forecast.com | April 3, 2019 10:19 am
Cycle from Dec 26, 2018 low in S&P 500 (SPX) remains in progress as an impulse Elliott Wave structure. In the 1 hour chart below, we can see wave (4) of this impulsive move ended at 2722.27. The...

ZN_F Elliott Wave Analysis, USDJPY and SPX

by elliottwave-forecast.com | March 26, 2019 6:12 pm
ZN_F has rallied throughout March so in this blog, we will take a look at the Technical outlook for ZN_F (US 10 Year Note Futures), present Elliott wave count and also correlate it with USDJPY and $SPX...

$SPX: Who is Right? The Fed or President Trump

by elliottwave-forecast.com | February 19, 2019 8:08 pm
The S&P 500 ($SPX) had the worst December in history as the market got nervous. Many started to guess the possible reasons and came up with many different arguments. There were several reasons like the trade wars...

Elliott Wave View looking for SPX Rally to Fail

by elliottwave-forecast.com | January 8, 2019 8:58 pm
Short term Elliott Wave view in SPX suggests that the decline to 2346.58 ended wave (3). The Index is currently correcting in wave (4) as a double three Elliott Wave structure. Up from 2346.58, wave W ended...

Elliott Wave Analysis: SPX Bounce Expected to Fail

by elliottwave-forecast.com | December 12, 2018 1:35 pm
SPX has broken below Oct 30 low (2603.54), i.e. Primary wave ((W)), opening further downside with incomplete bearish sequence from Sept 21 high (2940.91). Near term Elliott Wave view suggests the decline to 2603.54 on Oct 30...

Elliott Wave: SPX Decision Time Is Coming Soon

by elliottwave-forecast.com | November 29, 2018 6:48 pm
The SPX Index is trading within a Blue Box in our system, these boxes are areas in which the Market needs to define whether it will become an Impulsive sequence which runs in 5-9-13 waves or corrective sequence...

S&P500 Mini Futures: Extending Higher As Impulse

by elliottwave-forecast.com | August 29, 2018 2:27 pm
S&P500 Mini Futures ticker symbol: $ES_F short-term Elliott wave view suggests that the decline to $2803.34 low ended Minor wave 4 pullback. The internals of that pullback unfolded as Elliott wave zigzag correction. The lesser degree Minute...

SPX Elliott Wave Analysis: Buying Opportunity Soon

by elliottwave-forecast.com | July 31, 2018 11:38 am
SPX Short-term Elliott Wave analysis suggests that the pullback to $2691.80 low on 6.28.2018 ended intermediate wave (2). Above from there, the rally higher to $2848.03 peak ended Minor wave 1. The internals of that rally higher took the form...

SPX Elliott Wave Analysis: Calling Correction Lower

by elliottwave-forecast.com | July 5, 2018 10:36 am
SPX short-term Elliott wave analysis suggests that the rally from 4/02/2018 low to $2792.25 ended the intermediate wave (1). Down from there, correction against that cycle remains in progress in 3, 7 or 11 swing structure. Also, it’s important...