by Lara | Mar 30, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the Elliott wave count expects overall at the daily chart level. Summary: The next wave up to a target at 2,455 may have begun. The invalidation point is at 2,322.25. When a five up for minute wave i is complete, then a three down for...
by Lara | Mar 29, 2017 | S&P 500, S&P 500 + DJIA |
A small inside day fits within the Elliott wave count. The candlestick closed green and the balance of volume for the session was upwards. Overall, today may be read as neutral. Summary: The next wave up to a target at 2,455 may have begun. The invalidation point is...
by Lara | Mar 28, 2017 | S&P 500, S&P 500 + DJIA |
Price has moved higher for Tuesday as expected. A new high above 2,354.54 supports the main wave count over the alternate. Summary: The next wave up to a target at 2,455 may have begun today. The invalidation point is at 2,327.58. When a five up for minute wave i is...
by Lara | Mar 27, 2017 | S&P 500, S&P 500 + DJIA |
Monday was expected to be an upwards day, but this is not what happened. Summary: The picture today looks more bearish. The alternate wave count has substantially increased in probability. A new high in the short term, above 2,354.54, would indicate the pullback is...
by Lara | Mar 24, 2017 | S&P 500, S&P 500 + DJIA |
A little downwards movement to below 2,340.51 but not below 2,336.45 was expected during Friday’s session. Price did move lower, but it made a slight new low below 2,336.45, which was not expected. Summary: Volatility declined and market breadth improved while...
by Lara | Mar 23, 2017 | S&P 500, S&P 500 + DJIA |
Price moved overall upwards with a higher high and a higher low for the session. Upwards movement was expected. Summary: Tomorrow may begin with a little downwards movement to end below 2,340.51 but not below 2,336.45. Thereafter, price should turn up and show some...
by Lara | Mar 22, 2017 | S&P 500, S&P 500 + DJIA |
Price moved a little lower before bouncing upwards to close green at the end of the session. Summary: It is still fairly likely that a low is in place. There is further divergence today with price and the AD line, and price seems to be congested at multiple support...
by Lara | Mar 22, 2017 | Trading Tips
Click here to get in on the Madness! Sale starts Tuesday, March 21st and ends Midnight EST Monday, March 27th.
by Lara | Mar 22, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement continued, as expected, and found support at three different trend lines. Summary: It is reasonably likely that downwards movement may halt here because price is at multiple support lines and exhibits bullish divergence with the AD line. A new high...