by Lara | Oct 24, 2017 | S&P 500, S&P 500 + DJIA |
A small doji after the Bearish Engulfing Candlestick pattern completes a Bearish Harami Cross. Summary: A new wave count today will assume the trend remains the same while price remains above 2,457.92. It is published as a second alternate. If price makes a new all...
by Lara | Oct 23, 2017 | S&P 500, S&P 500 + DJIA |
A strong Bearish Engulfing candlestick pattern is a strong warning of a trend change. Summary: A fourth wave may have arrived. Reasonable confidence may be had in this view if price makes a new low below 2,457.92. The fourth wave may be relatively brief and shallow as...
by Lara | Oct 21, 2017 | S&P 500, S&P 500 + DJIA |
A new all time high in the very first hour of Friday’s session confirmed that the upwards trend remains. The Elliott wave target has not been met yet. Members are advised that the trend remains the same until proven otherwise. Summary: The trend remains up. The...
by Lara | Oct 19, 2017 | S&P 500, S&P 500 + DJIA |
Bearishness between price and market breadth, VIX and RSI was the harbinger of a pullback that occurred during Thursday’s session. Two Elliott wave counts illustrate now two possibilities for next movement, and classic analysis is used to determine the...
by Lara | Oct 18, 2017 | S&P 500, S&P 500 + DJIA |
The short term Elliott wave count is changed but the target remains the same. A new alternate Elliott wave count with a new short term target fits continuing bearishness with indicators, notably market breadth, VIX and RSI. Summary: The structure is now incomplete and...
by Lara | Oct 17, 2017 | S&P 500, S&P 500 + DJIA |
Bearish divergence continues today, which supports the expectation of a pullback. Summary: Bearish divergence continues with the AD line and VIX, so for this reason the expectation of a pullback beginning here will remain. While the trend remains up, look out for at...
by Lara | Oct 16, 2017 | S&P 500, S&P 500 + DJIA |
A new all time high to begin the new trading week continues the upwards trend, which is what the last Elliott wave and volume analysis expected. Summary: There is bearish divergence today with price and the AD line, RSI, Stochastics and volatility. While the trend...
by Lara | Oct 14, 2017 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected from the main hourly Elliott wave count and from the summary in last analysis. Summary: The correction may be over; while price remains above 2,548.31 now, this should be the expectation. The next target is at 2,602 to 2,614....
by Lara | Oct 12, 2017 | S&P 500, S&P 500 + DJIA |
Another very slight new all time high continues the upwards trend today. Summary: The correction may be over; while price remains above 2,541.60 now, this should be the expectation. The next target is at 2,602 to 2,614. However, there is less bullishness and more...
