SPX has continued to extend higher. While above July 25 low, expect dips in 3,7 or 11 swings to find support for more upside.
S&P 500 E-Mini Futures ( ES_F ) Found Buyers At The Blue Box Area
Hello fellow traders. Another instrument that we have been trading lately is S&P 500 E-Mini Futures (ES_F). In this technical blog we’re going to take a quick look at the Elliott Wave charts of $ES_F , published in members area of the website. As our members know, $ES_F has recently broken June 9th peak which made […]
Elliott Wave View: S&P 500 E-Mini Futures (ES_F) Correction in progress
ES_F ended cycle from June 15 low at 3226.25 high. While pullback stays above June 29 low, expect the dips in 3,7 or 11 swings to find support
Elliott Wave View: S&P 500 E-Mini Futures (ES_F) Extends Higher
S&P 500 E-Mini Futures (ES_F) broke above last week’s high at 2635.75 and shows incomplete sequence from 3.23 low, favoring further upside in near term. Short Term Elliott Wave suggests the rally from 3.23 low (2174) is unfolding as Elliott Wave zigzag structure. Up from 3.23 low, wave ((A)) ended at 2634.5. Internal of wave […]
Elliott Wave View: S&P 500 (SPX) Recovery in Progress
S&P 500 (SPX) ended the cycle from Feb 20 high as 5 waves and now in recovery in 3, 7 ,11 swing. This article looks at the Ellilott Wave path.
Elliott Wave View : S&P 500 (SPX) Reaching Inflection Area
Short term Elliott Wave view in S&P 500 (SPX) suggests cycle from February 19, 2020 high is unfolding as a double three Elliott Wave structure. Down from February 19, 2020 high, wave ((W)) ended at 2855 low. The bounce in wave ((X)) ended at 3136 high. From there, the Index has extended lower and broken […]