by Lara | Mar 10, 2018 | S&P 500, S&P 500 + DJIA |
More upwards movement to 2,754 – 2,758 was expected for Friday’s session. Price moved higher, but the target was inadequate. Summary: Expect upwards movement to overall continue next week. The target is either 2,869 or 3,006 for the short term. If price...
by Lara | Mar 8, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded for Thursday’s session as expected. A new short term target is calculated at two wave degrees. Summary: Expect now for the short term a little more upwards movement to end about 2,754- 2,758. Thereafter, look for a few days of...
by Lara | Mar 7, 2018 | S&P 500, S&P 500 + DJIA |
Price moved lower with a lower low and lower high, as expected. But with a green daily candlestick and signals today from the AD line and inverted VIX, the short term outlook is adjusted for tomorrow. Summary: Expect now for the short term a little more upwards...
by Lara | Mar 6, 2018 | S&P 500, S&P 500 + DJIA |
A little more upwards movement for Tuesday remains below the invalidation point. Summary: Look first for a breach of the yellow best fit channel on the hourly chart. When price breaks below that channel, then expect a few days of downwards movement. The target is now...
by Lara | Mar 5, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded as expected for Monday’s session. The second target was almost reached. Summary: Look first for a breach of the yellow best fit channel on the hourly chart. When price breaks below that channel, then expect a few days of downwards...
by Lara | Mar 2, 2018 | S&P 500, S&P 500 + DJIA |
More downwards movement was expected. This is how the session began with a new low. Summary: A bounce to either 2,701 or 2,735 may continue on Monday. It could be over within Monday’s session, or it could take a few days with choppy and sideways movement. When...
by Lara | Mar 1, 2018 | S&P 500, S&P 500 + DJIA |
The new main Elliott wave count expected another downwards day, which is exactly what has happened. Summary: Expect overall downwards movement to continue to about 2,584 – 2,571. Price may find support about the 200 day moving average. Always practice good risk...
by Lara | Feb 28, 2018 | S&P 500, S&P 500 + DJIA |
Some more downwards movement was expected but the target at 2,733 was inadequate. The main and alternate Elliott wave counts are swapped over today. Summary: Expect overall downwards movement to continue to about 2,584 – 2,571. Price may find support about the...
by Lara | Feb 27, 2018 | S&P 500, S&P 500 + DJIA |
An upwards day was expected to continue the new trading week for Tuesday. The session did make a higher high, but then price turned down strongly. Signals today from both the AD line and VIX indicate the direction for price tomorrow. Summary: Assume the trend for now...
