WaveTrack International

Elliott Wave Financial Price Forecasting

S&P 500

The sell off from last week’s high of 1470.96 has greatly increased the probability for the contracting-symmetrical triangle scenario. This means the S&P should remain within the range between the 1474.51 high and the 1430.53 low during the next several trading days before it stages one finalising advance to original upside at min. 1487.87 or […]Continue reading «S&P 500»

S&P 500

The sell off from the recent 1474.51 high is expected to have begun a counter-trend decline labelled the 4th wave within an ongoing five price-swing advance. Downside targets during the next weeks measure to the fib. 38.2% support at 1409.06 – a reversal from there would trigger the finalising advance to original upside objectives at […]Continue reading «S&P 500»

S&P 500

The sell off from last week’s high of 1474.51 is expected to have begun a counter-trend decline labelled the 4th wave within an ongoing five price-swing advance. Short-term downside targets measure to the fib. 38.2% support at 1409.06 – a reversal from there would trigger the finalising advance to original upside objectives at 1503.58. (Become […]Continue reading «S&P 500»

S&P 500

Continued advances above the 1446.00+/- area have promoted this count to ‘preferential’ status. Basis the most recent rallies, original upside targets to 1483.36 seem too low for a possible finalisation of the entire advance in progress from the June low of 1266.74. Instead, objectives have been raised to 1503.58. Note that this scenario interprets the […]Continue reading «S&P 500»

S&P 500

The S&P is at a critical juncture as original upside targets to 1446.16-46.62 are being approached. Any reversal from here would confirm the end of the entire upswing from the June low of 1267.45 and begin an expanding-impulse decline over the next months finalising a larger 3-3-5 pattern that began from the April ’12 high […]Continue reading «S&P 500»

S&P 500 breaks above the April ’12 high – what’s next?

Back in the beginning of August we changed our preferential count on S&P 500. The main reason was correlation analysis between different stock indices, especially Eurostoxx 50 – at that time, this index required one additional advance to complete its countertrend pattern unfolding from the June ‘12 low.  Usually, it is difficult to predict one […]Continue reading «S&P 500 breaks above the April ’12 high – what’s next?»

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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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