by Lara | Aug 18, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Thursday’s session. A new high and a small green daily candlestick fits the expectations nicely. On Balance Volume is giving a strong signal today. Summary: The trend remains the same, until proven otherwise. Assume the trend is...
by Lara | Aug 17, 2016 | S&P 500, S&P 500 + DJIA |
Short term downwards movement to a target at 2,162 – 2,159 was expected before more upwards movement. Price moved lower as expected falling 6.5 points short of the target before turning strongly upwards to close above the open and print a green daily...
by Lara | Aug 16, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was unexpected and invalidated the hourly Elliott wave count. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. In the short term, expect a small correction to end about 2,162 –...
by Lara | Aug 15, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Monday, which is what happened. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,172. The mid term targets are 2,332 or 2,445. If price makes a new low below 2,147.58, then...
by Lara | Aug 13, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday. A green candlestick was printed, but it was a small doji and did not make a new high. Price moved sideways. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,172. The...
by Lara | Aug 11, 2016 | S&P 500, S&P 500 + DJIA |
A little downwards movement to 2,171 – 2,168 was expected before the resumption of upwards movement. This is not what happened. Price moved upwards for the session and did not first make a new low. Summary: The trend remains the same, until proven otherwise....
by Lara | Aug 10, 2016 | S&P 500, S&P 500 + DJIA |
In the short term, some downwards movement was expected for Wednesday’s session, which is exactly what happened. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. In the short term, tomorrow may...
by Lara | Aug 9, 2016 | S&P 500, S&P 500 + DJIA |
Yesterday’s hourly Elliott wave count expected some upwards movement to end between 2,185.44 to 2,188.32, then downwards movement. Price began the session with upwards movement and reached 1,287.66 before turning downwards exactly as expected. Summary: The trend...
by Lara | Aug 8, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to a target at either 2,192 or 2,199. The session began with a little upwards movement but only to 2,185.44 before turning down. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above...