Currently SPX looks to be moving in a W-X-Y type of correction from the all time high near 2940 with the first leg down already complete near 2600. Since correction always occur in three legs as per Elliott Wave hence this means we have one more leg to the downside […]
In this report I will be discussing in detail the Elliott Wave counts for S&P 500 from the Daily down to the 15 minute chart to see the possible progression of this market from long term to short term and see if the possible targets in accordance with this count. […]
Currently I’m considering two alternate views for SPX : Hypo1 : Bearish (Main Count) Hypo 2 : Bullish Hypo 1 : As per the Bearish Count below it looks like we are in last leg up of the complex correction for the completion of Wave .Y (Yellow) once the same […]
In this video report I have discussed three Hypos based on SPX (Index of US stock market) on Elliott Wave and in total four scenarios on how this market might progress. From the looks of it we seem to be having a good shorting opportunity as a downleg seems to […]
In this article I will be looking at possible Elliott Wave counts for the S&P 500 (Index of American Stock Markets) on the 4 Hour chart. Looking at the current progression, in specific the down move that started from 29th January 2018 onwards (our Point of Reference marked in Yellow), […]
As I discussed in the last video report SPX has broken above 2500+ , as of now there are both a bullish as well as a bearish count that this market can play out. At first let’s look at the bullish count in Red which shows a 1)-2) -1-2-.1-.2 upside […]
In this video I have discussed the possible bullish as well as the bearish count for SPX and the importance of the 2474 level and the most likely ways in which this market can proceed using the Elliott Wave Principles, as of now it seems that if the 2474 level […]
It seems that SPX (S&P 500) is moving down in either a 1)-2)-3) impulse for the Wave (A) of a bigger correction or as Wave A) – B) – C) for a Zig Zag. As of now it seems to be moving fast and hence looks more like a Wave […]
It looks like the circled Wave 4 is finally complete and that SPX will make new highs, technically most immediate target of 2480 should be achieved as per this analysis, however from a psychological standpoint I expect it to atleast touch the 2500 mark. Let’s see how it […]
It looks that the recent sharp leg down was the Wave C of Wave (4) and hence we can see a little more upside as Wave (5) takes it’s course. In any case precaution must be taken and strict stops must be put in place as the alternate count in […]
In the last video report my view was that the SPX should give a reversal from near the 2410 level and it reversed from 2400. In this video report I have discussed the 3 possible ways in which the SPX can progress, basically the S&P 500 is currently in a […]
In the previous report we were able to spot the exact high, or the turning point for Wave 4. As of now it seems that the market is in the starting phase of the 3rd Wave. As long as this market stays above the black trendline, I do not see […]
In my last report when SPX was trading around 2370 I pointed out the possibility that only small upside till 2390 remains, after that SPX made a high near the 2400 region and then has been in a Zig Zag type of correction. At this point it seems that SPX […]
Previously I published a report on 17/7/2016 in which I specified that SPX should achieve a level of atleast 2370 which was achieved on 24th Feb 2017 and hence I will be looking at the current wave progression and the future targets for the SPX using Elliott Wave. From the […]
In my previous count I predicted that SPX -0.14% will head higher in Wave 5 for targets around 2370 and 2500+, since then the movement has been as expected, as of now there are multiple probabilities that can play out. Probability 1 : The Wave 1 of Wave 5 has […]
