WaveTrack International

Elliott Wave Financial Price Forecasting

S&P 500 daily analysis (EWT + Momentum study)

S&P 500 is topping. Yes, there are little doubts about that, the only question left is do we have one more additional upswing prior to staging the big decline or not? Last week we showed deteriorating weekly market internals, today we focus on the daily chart. Basis our preferential Elliott Wave count, the advance that […]Continue reading «S&P 500 daily analysis (EWT + Momentum study)»

S&P 500 weekly

The long-term momentum study of S&P 500 index shows deteriorating market internals in almost all over the place.  The highest RSI reading was recorded last year in May and since when it is diverging with a rising S&P 500 index. To keep this diverging pace RSI must stay below 72.53 (the last reading peak). Next […]Continue reading «S&P 500 weekly»

About WTI

WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

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