artificial intelligence robo-advisor for the S&P 500 stock index SPX / ^GSPC / SP500 - Subscribe Now
artificial intelligence robo-advisor for the S&P 500 stock index SPX / ^GSPC / SP500 - Subscribe Now
All charts by AdvancedGET desktop app No need to say that, as usual, the market positivity is climbing a wall of fear. What may surprise us are the targets, placed at relatively high levels. Anyway, if you check the past…
Summer is going in the northern hemisphere and we may need an update to the Elliott’s Wave reading of the S&P 500 index. August was spent correcting the excess in overbought and now the index is resuming the ride upward.…
As markets seem to get even crazier than usual, I thought to get a look at Elliott’s recipes to warm my remaining confidence. Much interested in the weekly view, here is the chart for today. The chart seems to confirm…
This post analyzes the present, so it will become obsolete quite soon. Anyway, I’m here for the r.Virgeel/Elliott mishmash. At the moment, r.Virgeel is pointing to a correction of the first reversal wave upward, in other words, it is pointing…
This chart is pointing to some interesting infos: first, the top at 4800, at the end of 2021, is not the final target of the current move, it actually is the top of a (3) wave; second, the incoming (4)…
It’s a long while I do not update the reading of the S&P 500 index with Elliott’s Wave, so today it’s time to see how the index is positioned for the medium term future. Here the chart, as usual brewed…
r.Virgeel’s model is undergoing deep modifications, sparkled by the development of the new weekly model, that has made evident some before obscure aspects. Where there was a wood, there is now a vast pratery. I’m translating the modifications into the…
Today’s reading of the Elliott’s Wave (chart by AdvGet) does confirm the projections of the A.I. model: after completing a first wave, the market is now searching for the (2) support to start the (3) wave. You may note the…
It’s quite a time I do not update the Elliott’s view and here I am today. The moment of big choices is approaching and we can read it in the chart above (by AdvGet): A long raising wave from mid February…
The area 2060/70 is a strong resistance that will produce some turbulence, but probabilities are still on the side of a rising index, supported by all the barking bears around, by all the uncertainty and by the weakness of the…