Elliott Forecast - Elliott Wave View: SPX Is Looking To Finish A Cycle Towards A Blue Box | ResearchPool

Almost there...

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

First Name*

Last Name*

Country*

Email*

Password* ( 6 or more alphabetic and numerical characters )

Get financial insights straight to your inbox

YES

I have read and accept ResearchPool Terms & Conditions, and Privacy Policy, including our Cookie Use Policy

Already on ResearchPool? Login Now

Report

Elliott Forecast

Elliott Wave View: SPX Is Looking To Finish A Cycle Towards A Blue Box

November 18, 2022 By

Short term Elliott Wave View in SP500 (SPX) shows an incomplete bearish sequence from 1.04.2022 high favoring further downside. Short term, rally from 10.13.2022 low is unfolding as a . Up from 10.13.2022 low, wave A ended at 3905.64 and pullback in wave B ended at 3709.83. Wave C higher is in progress as a 5 waves impulse structure before the Index turns lower again.

Up from wave B, wave ((i)) ended at 3859.84 and pullback in wave ((ii)) ended at 3743.57. Index then rallies again in wave ((iii)) towards 4025.94. Internal subdivision of wave ((iv)) takes the form of an zigzag correction. Down from wave ((iii)), wave (a) ended at 3951.95 and rally in wave (b) ended at 4002.79. Wave (c) finished at 3908.16 and also wave ((iv)). Rally as wave ((v)) has started and as far as pivot at 3908.16 low stays intact, expect the Index to extend higher 1 more leg. Potential target is a 100% – 161.8% Fibonacci extension from 10.13.2022 low which comes at 4080.43 – 4312.02 area.

SPX 45 Minutes Elliott Wave Chart

SPX Elliott Wave Video

Source:-forecast.com/news/elliott-wave-spx-finish-cycle-blue-box/

#elliottwave #trading #SPX

18/11/2022 1 EN

Provider

Elliott Forecast

Elliott Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.

See profile

Other Reports from Elliott Forecast

Hendra Lau

Hendra Lau

ANF Should Resume Rally From Extreme Areas

April 22, 2024 By Abercrombie & Fitch Co., (ANF) operates as an omnichannel retailer in the United States, Europe, Middle East, Asia & Asia-Pacific & Internationally. The company offers an assortment of apparel, personal care products & accessories for men, women & kids under Abercrombie & Fitch, Abercrombie kids, Hollister & Gilly Hicks brands through stores, various wholesale, franchise, licensing arrangements & e-commerce platform. It comes under “Consumer Cyclical” sector under Apparel Retail & trades at NYSE as “ANF” ticker. As mentioned in the , ANF expected further upside in...

April 22, 2024 April 22, 2024 2 EN

Hendra Lau

Hendra Lau

PAYPAL Elliott Wave Analysis – How Far Will Recovery Go?

PayPal Inc. is a leading force in digital finance, transforming online transactions since its inception in 1998. With a reputation for security and user-friendly services, PayPal facilitates seamless global payments for individuals and businesses alike. From peer-to-peer transfers to e-commerce solutions, PayPal remains a trusted name, empowering millions worldwide to transact securely and effortlessly. PAYPAL Elliott Wave Analysis – Weekly Chart. April 2024 Between July 26, 2021, when PayPal exchanged for $310.16, and October 23, 2023, its stock price plummeted to $50.25. That was over 80...

April 22, 2024 April 22, 2024 3 EN

Hendra Lau

Hendra Lau

Forecast with Elliott Wave Technique Calling EURUSD to Extend Lower

April 19, 2024 By Short term Elliott Wave view in EURUSD suggests that cycle from 12.28.2023 high is in progress as a zigzag Elliott Wave structure. Down from 12.28.2023 high, wave A ended at 1.0694 and rally in wave B ended at 1.098. Wave C lower is in progress as a . Down from wave B, wave ((i)) ended at 1.072 and rally in wave ((ii)) ended at 1.0885. Pair extends lower in wave ((iii)) with internal subdivision as another 5 waves in lesser degree. Down from wave ((ii)), wave (i) ended at 1.0846 and wave (ii) ended at 1.0866. Wave (iii) lower ended at 1.071 and rally in wave (iv) ...

April 19, 2024 April 19, 2024 1 EN

Read more reports

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?