by Lara | Feb 14, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected. A very bearish alternate (which was judged to have a very low probability) has been invalidated today. This adds confidence to the main Elliott wave count and the targets. Summary: The short term target at 2,338 has almost been...
by Lara | Feb 13, 2017 | S&P 500, S&P 500 + DJIA |
Again, upwards movement continues as the main Elliott wave count expects. And the very bearish alternate Elliott wave count remains just viable. Summary: The target is 2,338 for the short term and 2,382 for a longer term trade. Price should find strong support about...
by Lara | Feb 11, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the main Elliott wave count expects. The very bearish alternate Elliott wave count remains viable. Summary: The target is 2,338 for the short term and 2,382 for a longer term trade. In the short term, a small correction for minute iv may...
by Lara | Feb 9, 2017 | S&P 500, S&P 500 + DJIA |
A new all time high confirms the main Elliott wave count and invalidates one alternate. Some more confidence may now be had in the targets. Summary: The target is 2,338 for the short term and 2,382 for a longer term trade. The invalidation point is moved up today to...
by Lara | Feb 8, 2017 | S&P 500, S&P 500 + DJIA |
Price moved lower today with a lower low and lower high, but the session closed strongly printing a green daily candlestick. The balance of volume was upwards. On Balance Volume gives a reasonable signal, but there has not yet been a breakout from a consolidation....
by Lara | Feb 7, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the main Elliott wave count, but the confirmation point still has not been passed. Summary: It is increasingly likely that the next wave up has begun. This would be confirmed with a new all time high. The target is 2,338 for the short...
by Lara | Feb 6, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to begin the week, but this is not what happened. Price remains above the invalidation point on the main Elliott wave count. Summary: It is increasingly likely that the next wave up has begun. This would be confirmed with a new all time...
by Lara | Feb 3, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the main Elliott wave count and this is what happened. The alternate Elliott wave count is just hanging on by a couple of points. Summary: It is increasingly likely that the next wave up has begun. This would be confirmed with a new...
by Lara | Feb 2, 2017 | S&P 500, S&P 500 + DJIA |
Price has made a lower high and a lower low, although it closed green. Summary: It is still more likely today that the next wave up has just begun. Confidence would be had above 2,289.14. The target is 2,338 for the short term and 2,382 for a longer term trade. If...