SPY Just Broke Out — The Bulls Aren’t Finished Yet | Elliott Wave S&P500 VIX Technical Analysis
6 extracted signals · 1 resolved · 5 still active
Elliott Wave OptionsIndependent analyst profile- Source published
- 08 Aug 2026, 00:05 UTC
- Recorded by Tahlil Plus
- 08 Aug 2026, 02:29 UTC
AI-generated source summary
The analysis focuses on identifying key Elliott Wave patterns and support/resistance levels across various markets. SPY is seen breaking out of a symmetrical triangle, suggesting a bullish continuation towards 800, with a fail bound at 750. EWG has completed a five-wave impulse and is expected to move lower, targeting 45.43, with a fail bound at 43. TLT shows a downtrend, and while it bounced, it's expected to continue lower, targeting 80 with a fail bound at 84. TNX shows a potential bullish reversal as rates are moving up, targeting 47 with a fail bound at 46.5. SHY is in a downtrend and might see further downside after a brief consolidation, with a target of 82.5 and a fail bound at 81.5. The dollar index (USDOLLAR) is in a bullish trend, targeting 101.5, with a fail bound at 98. DIA is also in a bullish trend, targeting 350 with a fail bound at 325, while IWM is consolidating but expected to continue higher, targeting 310 with a fail bound at 290. Metals like GLD and SLV are showing strength, with GLD targeting 410 and SLV targeting 60. Crypto assets BITBTC and ETHW are in bearish trends, with BITBTC targeting 32.5 and ETHW targeting 10, both with significant overhead resistance.
AI-generated summary based on the source content.
Signal outcomes at a glance
Partially ResolvedSignals in this source
Evidence and evaluation progress
- Original source published
The analyst published the original source item.
- Source recorded by Tahlil Plus
The public source was preserved as the evidence record for this case.
- Market predictions extracted
6 eligible signals linked to this case.
- Source processing completed
Source analysis and structured extraction completed.
- Outcome tracking started
Tahlil Plus began monitoring the extracted predictions.
- First prediction resolved
The first evaluable outcome in this case reached a terminal result.
- Live evaluation in progress
5 signals remain active.
Elliott Wave Options
Platform-wide history, separate from this source evaluation.
Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.