by Lara | Jan 31, 2018 | S&P 500, S&P 500 + DJIA |
A correction was expected to continue. Sideways movement in a small range to complete an outside day fits this expectation. Summary: A correction looks to be incomplete, so it may continue for a few more days. Targets for it to end are 2,796 or 2,749, with the higher...
by Lara | Jan 30, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis noted that bearish divergence between price and the AD line indicated a correction was not over. Sideways movement was expected, but price has moved lower. Summary: A correction looks to be incomplete, so it may continue for a few more days. Targets for...
by Lara | Jan 29, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis warned that divergence between price and the AD line was bearish, thus a correction may come sooner than expected. Downwards movement to start the new trading week fits this description. Summary: Another small correction looks to have arrived. It may be...
by Lara | Jan 27, 2018 | S&P 500, S&P 500 + DJIA |
Price continues to move higher as both the Elliott wave count and classic analysis expect. Focus in this analysis will continue to be on identifying when and where the next interruption to this trend may begin, and how long it may last. Summary: The trend is up and...
by Lara | Jan 25, 2018 | S&P 500, S&P 500 + DJIA |
Price remains mostly within the channel on the hourly chart; it has not been breached. The Elliott wave count is unfolding mostly as expected. Summary: The trend is up and strong. Corrections are an opportunity to join the trend. The next target is at 2,874 for a very...
by Lara | Jan 24, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement during the last session bounced upwards almost exactly at the support line on the hourly chart, offering members another entry opportunity to join the trend. Summary: The trend is up and strong. Corrections are an opportunity to join the trend. The...
by Lara | Jan 23, 2018 | S&P 500, S&P 500 + DJIA |
The short term target at 2,840 was reached and slightly passed today. This has implications for the Elliott wave structure at the hourly chart level, so new targets have been calculated. Summary: The trend is up and strong. Corrections are an opportunity to join the...
by Lara | Jan 22, 2018 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Upwards movement continues as expected. The target is also now a short term limit. Summary: The next target is also a limit at 2,840. The alternate is invalid. Bullish signals today from On Balance Volume and the AD line are given weight. The biggest picture, Grand...
by Lara | Jan 20, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continued for Friday to another new all time high as the main Elliott wave count expected. Summary: Assume the upwards trend may remain intact and the next target for an interruption is at 2,821. An alternate looks at a correction or pullback underway...
