Category Archives: Elliott Wave

S&P 500 – Alternate Elliott Wave Count – 11/14/25

The 11/13/25 blog “U.S. Stock Market at a Crossroad – November 2025” illustrated that the S&P 500 (SPX) could be forming an Elliott wave – Ending Diagonal Triangle.  The sharp move down during the open of the 11/14/25 SPX trading session presents an alternate wave count.  The SPX 30 – minute chart courtesy of TradingContinue reading “S&P 500 – Alternate Elliott Wave Count – 11/14/25”

Elliott Wave – Invalidation Points

Elliott wave theory is best known as a market forecasting tool. It’s also very effective in identifying points where a forecast is wrong.  S&P 500 (SPX) recent action illustrates specific points where a forecast became invalid. The 10/26/25 blog “S&P 500 – Elliott Wave Update – 10/24/25” Noted that if the SPX moved above 6,813.85Continue reading “Elliott Wave – Invalidation Points”

Bullish Pieces of an Elliott Wave Puzzle

The 10/26/25 blog “S&P 500 – Elliott Wave Update – 10/24/25” illustrated that the S&P 500 (SPX) may have completed an Elliott wave – Ending Diagonal Triangle.   The invalidation point for this pattern was SPX 6,813.85. The 30 – minute SPX chart courtesy of Trading View shows what happened. On 10/27/25 SPX gapped above theContinue reading “Bullish Pieces of an Elliott Wave Puzzle”

S&P 500 – Elliott Wave Update – 10/24/25

The 10/23/25 blog “U.S. Stocks Crawling to New Highs?” illustrated the S&P 500 (SPX) could be forming an Elliott wave – Ending Diagonal Triangle”.   The hourly SPX chart courtesy of Trading View updates that potential wave count. The Ending Diagonal Triangle wave count from the 10/10/25 bottom is still valid.  In any five-wave motive patternContinue reading “S&P 500 – Elliott Wave Update – 10/24/25”

U.S. Stocks Crawling to New Highs?

The buying mania of U.S. stocks continues.  The hourly S&P 500 (SPX) chart courtesy of Trading View illustrates its progress since the 10/10/25 micro crash. The slow choppy nature of the rally has the appearance of an Elliott wave – Ending Diagonal Triangle.   These are terminal structures, if the count is correct the SPX couldContinue reading “U.S. Stocks Crawling to New Highs?”

Watch the Nasdaq Composite on 10/10/25

At the open of the main trading session on 10/09/25 both the Nasdaq Composite (IXIC) and S&P 500 (SPX) made new all-time highs then quickly declined.   The other main U.S. stock index, Dow Jones Industrial Average (DJI) lagged below its all-time high made on 10/03/25.  It’s possible that on 10/10/25 only the IXIC could reachContinue reading “Watch the Nasdaq Composite on 10/10/25”

Short – Term S&P 500 Elliott Wave Count – 09/26/25

The S&P 500 (SPX) decline from the 09/23/25 peak appears to be corrective.  If so, the SPX could reach a new all-time high sometime next week. The 15 – minute SPX chart courtesy of Trading View illustrates the intraday action. There are always alternate wave counts in Elliott analysis.  This chart shows the bullish interpretationContinue reading “Short – Term S&P 500 Elliott Wave Count – 09/26/25”

S&P 500 – Elliott Wave Update – 08/14/25

The 08/02/25 blog “S&P 500 – Elliott Wave Update – 08/01/25” illustrated that the S&P 500 (SPX) may have completed Minor wave “3” of the post 04/07/25 rally at the 07/31/25 peak.  Subsequent price action strongly supports that wave count. The two – hour SPX chart courtesy of Trading View updates the wave count sinceContinue reading “S&P 500 – Elliott Wave Update – 08/14/25”

S&P 500 – Elliott Wave Update – 08/01/25

The 07/27/25 blog “Elliott Wave Pattern for the S&P 500 – April to July 2025” illustrated that the S&P 500 (SPX) may made a Minor wave “3” peak on 07/25/25.  Subsequent price action casts doubt on this presumed wave count. The two – hour SPX chart courtesy of Trading View illustrates the revised Elliott waveContinue reading “S&P 500 – Elliott Wave Update – 08/01/25”