by Lara | Nov 3, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement continues exactly as the main Elliott wave count and classic technical analysis expected. On Balance Volume continues to be very bullish. The targets remain the same. Summary: The Elliott wave target is at 2,616 and a target from a small pennant...
by Lara | Nov 2, 2017 | S&P 500, S&P 500 + DJIA |
For the short term, a small pullback was expected at the hourly chart level before price turned and moved upwards again. This is exactly what has happened for Thursday’s session. Summary: The Elliott wave target is at 2,616 and a target from a small pennant...
by Lara | Nov 1, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to continue from last analysis, which is what has happened. The short and long term targets remain the same. Summary: The Elliott wave target is at 2,616 and a new target from a small pennant pattern is 2,617. While On Balance Volume...
by Lara | Oct 31, 2017 | S&P 500, S&P 500 + DJIA |
A very small range inside day changes the very short term picture only slightly. The Elliott wave targets remain the same and can today be supplemented by a classic analysis target using a reliable short term pattern. Summary: The Elliott wave target is at 2,616 and a...
by Lara | Oct 30, 2017 | S&P 500, S&P 500 + DJIA |
A small pullback remains above the invalidation points on the hourly charts. The main Elliott wave count is still strongly favoured by volume and On Balance Volume. Summary: The target is at 2,616. Volume and On Balance Volume support this view. The small pullback...
by Lara | Oct 28, 2017 | S&P 500, S&P 500 + DJIA |
A break above the short term resistance line on the hourly chart in last analysis gave a strong bullish signal. The analysis then expected a new all time high. Summary: Friday’s strong upwards day has support from volume and looks like a classic upwards breakout...
by Lara | Oct 27, 2017 | EW Education, Public Analysis, S&P 500 Historical |
Could the indicators and classic technical analysis used here at Elliott Wave Stock Market have warned of the last three major crashes of 1987, 2000 and 2007? 1987 WEEKLY CHART Click chart to enlarge. A candlestick pattern at the high offered the first warning of a...
by Lara | Oct 26, 2017 | S&P 500, S&P 500 + DJIA |
A Gravestone doji comes just three days after a Bearish Engulfing candlestick pattern. These two patterns together are giving a strong signal. Summary: The fourth wave may be relatively brief and shallow as minor wave 4, or it may be a much deeper multi week pullback...
by Lara | Oct 25, 2017 | S&P 500, S&P 500 + DJIA |
Bearish divergence noted in the past few sessions between price and market breadth has correctly signalled a fall in price. Summary: A new low below 2,457.92 gives some reasonable confidence that a fourth wave correction has arrived. The fourth wave may be relatively...
