by Lara | Jan 31, 2017 | S&P 500, S&P 500 + DJIA |
A slight new low changes the structure on the main hourly Elliott wave count. The new labelling has a better fit. Summary: It is increasingly likely today that the next wave up has just begun. Confidence would be had above 2,294.08. The target is 2,338 for the short...
by Lara | Jan 30, 2017 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected for Monday’s session, which is what has happened. Summary: The situation is quite mixed today for the S&P, but on balance my judgement is that today’s downwards movement may present an opportunity to enter...
by Lara | Jan 28, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
Careful analysis of volume, On Balance Volume, and VIX may assist to find an entry to join the current trend. Summary: Price has broken out upwards from a flag pattern. A target using the measured rule is 2,323 and an Elliott wave target is 2,382. Monday, and maybe...
by Lara | Jan 26, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues, which fits the larger picture of the main Elliott wave count. In looking for an entry to join the trend classic technical analysis, particularly On Balance Volume, may be useful. Summary: Price has broken out upwards from a flag pattern. A...
by Lara | Jan 25, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues, which fits the larger picture of the main Elliott wave count. Summary: Price has broken out upwards from a flag pattern. A target using the measured rule is 2,323 and an Elliott wave target is 2,382. Classic analysis today is very bullish....
by Lara | Jan 25, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement has invalidated the main hourly Elliott wave count and confirmed an alternate. Summary: It is slightly more likely today that price has broken out upwards from a flag pattern. A target using the measured rule is 2,323 and an Elliott wave target is...
by Lara | Jan 23, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but it remains within the prior range of sideways movement. There has been no breakout yet. Summary: Some downwards movement to find support at the lilac / purple trend line is expected. If this correction ends in a total Fibonacci 34...
by Lara | Jan 21, 2017 | S&P 500, S&P 500 + DJIA |
A little upwards movement invalidated the hourly Elliott wave count. Summary: Some downwards movement to find support at the lilac / purple trend line is expected, about 2,211. If this target is wrong, it may be a little too low. Use the trend line as a preference. If...
by Lara | Jan 19, 2017 | S&P 500, S&P 500 + DJIA |
Price has moved lower for the session as expected from the hourly Elliott wave count. Summary: Some downwards movement to find support at the lilac / purple trend line is expected, about 2,211. If this target is wrong, it may be a little too low. Use the trend line as...