by Lara | Apr 29, 2017 | S&P 500, S&P 500 + DJIA |
An outside day remains above support. Classic analysis with a heavy reliance on On Balance Volume is used to determine which Elliott wave count is more likely. Summary: A brief shallow pullback may have moved sideways and slightly lower on Friday. This may present an...
by Lara | Apr 27, 2017 | S&P 500, S&P 500 + DJIA |
A small pullback was expected to be relatively brief and shallow. So far price is meeting this expectation. Gaps will be used for trading advice for members with long positions. Summary: A brief shallow pullback may have ended at today’s low. This may present an...
by Lara | Apr 26, 2017 | S&P 500, S&P 500 + DJIA |
A small pullback was expected to unfold here or shortly. An upwards day closes red, with a long upper wick on the candlestick. This looks like a small pullback may have begun at the end of this session. Summary: If a small pullback remains above 2,376.98, then expect...
by Lara | Apr 25, 2017 | S&P 500, S&P 500 + DJIA |
It looks like price has broken upwards out of a symmetrical triangle. Some trading advice on how to use gaps is offered today to members. Summary: Members with long positions may pull stops up to the lower edge of today’s gap at 2,374.15. A small pullback may...
by Lara | Apr 24, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the short term. Price remains just below the invalidation area for the Elliott wave count. Summary: The Elliott wave count expects this potential breakout is false, that price will move lower for at least a few days in choppy...
by Lara | Apr 24, 2017 | FTSE, FTSE Historical, Public Analysis
FTSE is either ending a minor degree pullback or has had a major trend change. Classic analysis will be used to evaluate which scenario is more likely and at which price point one would be confirmed and the other discarded. Summary: A pullback may be over here or very...
by Lara | Apr 22, 2017 | S&P 500, S&P 500 + DJIA |
Price continues to move sideways. A large symmetrical triangle may be forming. Summary: Sideways movement is expected to continue for maybe as long as another 19 sessions. Thereafter, the upwards trend should resume towards the final target at 2,500. New updates to...
by Lara | Apr 20, 2017 | S&P 500, S&P 500 + DJIA |
Price continues to move sideways. Summary: Only one wave count is left now, which expects sideways movement to continue for another 20 sessions. Thereafter, the upwards trend should resume towards the final target at 2,500. New updates to this analysis are in bold....
by Lara | Apr 19, 2017 | S&P 500, S&P 500 + DJIA |
Price continues to move sideways supporting the alternate Elliott wave count. Both wave counts remain valid. Summary: The main wave count still expects a deeper pullback here to 2,299 – 2,297, which may be reached in a very few days. An alternate expects...