Resources

Stock Market Trading http://www.tradersdaytrading.com/Elliott Wave Theory http://www.tradersdaytrading.com/elliott-wave-theory.html Financial Spread Betting Cashback Club http://www.traders-spread-betting.co.uk/




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Direct link to the full commentary and charts Kennys Technical Analysis Charts: S&P500

1268 has been a very long time coming but it is just about there now...quotes went to 1267 so far.

Here is also a possible 3 Peaks and a Domed House pattern that I have been following and is looking for a significant high here if valid.

This is a link to the Idealized 3 Peaks and a Domed House chart pattern.


S&P500 Elliott Wave Analysis

Straight through the 1268 target on the way up, but 1293 was the upper resistance level and did the trick.

The cash close below 1264.25 completes the doji reversal pattern.