by Lara | Jun 11, 2018 | S&P 500, S&P 500 + DJIA |
More upwards movement unfolded as last analysis expected. Today a candlestick pattern is balanced against analysis of On Balance Volume and the AD line to decide which short term Elliott wave count is most likely for tomorrow. Summary: A brief shallow pullback is...
by Lara | May 26, 2018 | S&P 500, S&P 500 + DJIA |
A small inside day fits the Elliott wave count. At the end of the week, VIX and the AD line and On Balance Volume are all giving signals which are in agreement. Summary: Bearish signals at the end of the week from VIX and the AD line and On Balance Volume all favour...
by Lara | May 24, 2018 | S&P 500, S&P 500 + DJIA |
A lower low and a lower high fits the definition of downwards movement, which is what was expected for the session. Summary: The main Elliott wave count expects some sideways movement for another few days, with support remaining about 2,701. An alternate Elliott wave...
by Lara | May 19, 2018 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Another signal from the AD line to end the trading week gives strong confidence in the Elliott wave analysis. In light of recent signals from the AD line and On Balance Volume, it is time to step back and look again at monthly charts for the Elliott wave count, and...
by Lara | May 14, 2018 | S&P 500, S&P 500 + DJIA |
Both VIX and the AD line today give the same signal, suggesting the direction for tomorrow. Summary: A short term Elliott wave target is 2,744. A short term classic analysis target is 2,811. At about one of these points a small consolidation or pullback may be...
by Lara | May 12, 2018 | S&P 500, S&P 500 + DJIA |
A strong signal from On Balance Volume adds confidence to the Elliott wave count. Summary: A short term Elliott wave target is 2,744. A short term classic analysis target is 2,811. At about one of these points a small consolidation or pullback may be expected. The...
by Lara | May 8, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s main hourly Elliott wave count expected a small correction to continue sideways or lower. A little downwards movement to complete a doji candlestick for the session fits this expectation. Summary: The target is now at 2,922. The correction may be...
by Lara | Apr 10, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. An inside day is not conclusive either way with no new high nor low. Summary: The upwards swing should continue. The first target is at 2,705. If price keeps rising through the first target, then the next target is a zone from 2,752 to...
by Lara | Feb 26, 2018 | S&P 500, S&P 500 + DJIA |
An upwards day was expected for the new trading week and price has behaved exactly as expected. Summary: The larger trend is up. The next target is at 3,020. The next short term target is at 2,920. This wave up may be a third wave, and it may continue to be strong. A...