Elliott Wave International | World's Largest Market Forecasting Firm Since 1979
Please Login
   
| What's My Password?
 
 
Alert
May 24, 09:26 AM
Robert Prechter's expanded, 21-page May Elliott Wave Theorist (published monthly since 1979) shows you 23 charts that explain why "The monetary-financial world seems to be setting up for an epic battle." Start your risk-free trial subscription now -- and get your 2nd month FREe >> 

Home > Stocks
S&P 500: How Much More of This Sideways Nonsense?
Stocks lately have been acting like a bad boyfriend: Just won't commit. But -- don't miss the "BEST NEWS" part below

By Vadim Pokhlebkin
Tue, 13 Dec 2011 15:00:00 ET
Add to Facebook Add to Twitter Add to Facebook Printer Friendly Get the RSS feed Add to more social media services
Get Elliott wave insights like this article when you sign up for EWI's free email newsletter, The Independent. It will change the way you view the markets forever. Privacy

Stocks have gone nowhere but sideways so far in December -- and it's frustrating.

No one can tell you for sure where the S&P, or the NASDAQ, or the Dow will go next. But some analysts have a better idea than others.
 
Our intensive U.S. Intraday Stocks Specialty Service monitors and forecasts all three indexes in real time. You get frequent, to-the-point intraday updates like this one (from this morning): 
 
 
S&P 500 (Intraday)
Posted On: Dec 13 2011 9:30AM ET / Dec 13 2011 2:30PM GMT
Last Price: 1240.59
 
Trade back above 1241 this morning that finds support at or above that level would be confirming wave action that the count is on track and the broader trend up [to] produce, minimally, a challenge of the October 1292.66 peak. No trade can be seen under 1222 to be able to maintain confidence in this view.
 
So, that's the good news: Here is a service that can help you figure out what's next for stocks.
 
And here's the BEST NEWS: You can read the latest U.S. Intraday Stocks Specialty Service forecasts now, FREE, as part of our ongoing FreePass event.
 
No stings attached (we won't ask for your credit card number, either).
 
(Hurry, this free event ends December 16)

Tags: Dow Jones Industrial Average (DJIA), Elliott wave, Nasdaq Composite, S&P 500, technical analysis, technical indicators
Rating: - based on [22 rating(s)]
Rate this content: