by Lara | Sep 16, 2017 | S&P 500, S&P 500 + DJIA |
Price moved to record new all time high. Summary: On Balance Volume after Friday’s session gives bullish signals which support the alternate Elliott wave count. A short term target is at 2,531 in the first instance. If Monday sees price move lower, then a new...
by Lara | Sep 14, 2017 | S&P 500, S&P 500 + DJIA |
Price completed an outside day, mostly sideways movement to close as a small range doji. On Balance Volume gives another important signal today which may tell us what direction price may move tomorrow. Summary: Another bearish signal as On Balance Volume moves down...
by Lara | Sep 13, 2017 | S&P 500, S&P 500 + DJIA |
Again, last analysis warned that upwards movement may not be over and outlined what to look for to see if it was. There was room for more upwards movement, which is what has happened. A strong warning may come from On Balance Volume in the next 24 hours. Summary: One...
by Lara | Sep 12, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis offered a warning in the summary that price may move higher, and may make a new all time high. This is what has happened today. Summary: Again, there is still zero evidence that upwards movement is over. There is still no candlestick reversal pattern nor...
by Lara | Sep 11, 2017 | S&P 500, S&P 500 + DJIA |
A quick spike up was expected to begin the week, but it was expected to move just above 2,469.64 before turning. Price has moved comfortably higher, reaching so far to 2,488.95. Summary: In the short term, it is entirely possible that price may move higher tomorrow....
by Lara | Sep 9, 2017 | S&P 500, S&P 500 + DJIA |
The short term outlook from last analysis expected a short spike up to just above 2,467.57 and then a downturn. This is not what happened. Price has moved sideways in a small range suggesting a small Elliott wave triangle. Summary: With the last wave up now looking...
by Lara | Sep 7, 2017 | S&P 500, S&P 500 + DJIA |
For the short term, downwards movement was expected for Thursday’s session. An inside day completes as a red daily candlestick, mostly meeting expectations but not as clear as hoped for. Summary: With the last wave up now looking very much like a three, have...
by Lara | Sep 6, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to continue to about 2,467. Price reached to 2.64 points above this target. Summary: With the last wave up now looking very much like a three, have some confidence that primary wave 4 is underway. Look for price to move either sideways or...
by Lara | Sep 5, 2017 | S&P 500, S&P 500 + DJIA |
A downwards swing was expected to begin the week. This is exactly what has happened. Summary: With the last wave up now looking very much like a three, have some confidence that primary wave 4 is underway. Look for price to move either sideways or lower with a lot of...
