S&P 500 Chart

Update 17th July:
The chart matures into a more classical work of manipulation.

citius adulterantes

Article: Lockdown Deaths, Not Covid Deaths

My numbering:

From 13th June:
The overwrought "rally" is configured for dual purpose but designed for something specific.

Look what the Brits did to themselves:

BTC/USD

S&P 500 Index Update 7th April

Update: 7th April pm:

The first take was good. Targets in narrow range are equal legs ABC, 1.62 extension of A and 68.2% retrace (A).

LINK: Gold chart update 8th April

From: 6th April am:

Turning down for B of (B) expected

From 30th March am:

Here is a contribution to the speculation. 

The daily RSI on the S&P 500 index favors some further price levitation.  The typical target for an equal legs Primary [A] from a 38.2% retrace is shown.

Below is a 4 hourly chart for the S&P 500 futures index where a typical projection for (B) of a 61.8% retrace is shown.

LINK:  The Supercycle

My wave numbering

S&P 500 Index

The chart indicates the progress of the bear trend which is assumed Cycle degree (but can be one order above). Intermediate (A) is underway with the Minor C wave active. So far the Minute [a] and [b] waves have completed and now the commence of Minute [c] is indicated to be highly probable. 

 

S&P 500 Index and XAU/USD, Spot Gold ($US/Oz)

The S&P 500 has produced a Cycle of 5 Primary waves since 2009. The concept of a Super-cycle completion at IV is relaxed to enable the idea of a larger Super-cycle pattern to be examined. A completion of the pattern appears to be happening. There is the alignment of the apparent Intermediate 4th wave (4) of the 5th Primary wave [5] with the end of the preceding Minor 4th wave.  If the upcoming Super-cycle order correction follows typical Elliott theory guidelines then it will also target the end of the 4th wave of one lower order. This would be Cycle wave IV.

This 30 minute chart for the Intermediate 5th wave sees that the completion is feasible.

The next chart is with monthly data and looks at the Cycles for XAU/USD. It sees that the 5th Cycle since 1971 is underway. 

The next chart is with daily data and looks more closely at the last 2 Cycles.

The next chart has hourly data which looks into Intermediate wave (3). It sees that Minor wave 1 has completed. The following annotations are tentative and require further confirmation.  

Like all of the charts that I post, this pattern analysis employs the standard version of the Elliott Wave Theory and is intended only to demonstrate my own momentary view within my own application of that theory. 

S&P 500 with Update 3rd July

This revised weekly chart for the S&P 500 futures sees the next ATH as the end point of the bull super-cycle. Accordingly this view expects a super-cycle degree bear trend to gradually ensue.  

The hourly S&P 500 index chart explores the internals of the Primary [5] wave.

Update 3rd July:
This 30 minute chart re-examines Intermediate wave (5)

Like all of the charts that I post, this pattern analysis employs the standard version of the Elliott Wave Theory and is intended only to demonstrate my own momentary view within my own application of that theory.

VIX, S&P500

The VIX appears to have learned about divergence...