by Lara | Aug 1, 2017 | S&P 500, S&P 500 + DJIA |
A little more upwards movement fits both hourly Elliott wave counts. Summary: We should always assume the trend remains the same until proven otherwise. While it is possible that primary wave 3 may be over, assume that it may continue higher while price remains above...
by Lara | Jul 31, 2017 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected for Monday. Price fell 2.04 points short of the target on the main hourly Elliott wave chart before turning lower to print a red daily candlestick. Summary: We should always assume the trend remains the same until proven...
by Lara | Jul 29, 2017 | S&P 500, S&P 500 + DJIA |
A small inside day sees the Elliott wave count only slightly changed at the hourly chart level. Summary: We should always assume the trend remains the same until proven otherwise. While it is possible today that primary wave 3 may be over, assume that it may continue...
by Lara | Jul 28, 2017 | S&P 500, S&P 500 + DJIA |
The first target at 2,481 to 2,482 was met and passed by 2 points early in the session. Summary: We should always assume the trend remains the same until proven otherwise. While it is possible today that primary wave 3 may be over, assume that it may continue higher...
by Lara | Jul 26, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis was clear: the trend is still up. A new all time high was therefore expected as most likely. Summary: The trend is up. Trading with the trend is the safest approach for your account. Use corrections as an opportunity to join the trend. The last open gap...
by Lara | Jul 26, 2017 | Trading Tips
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by Lara | Jul 25, 2017 | S&P 500, S&P 500 + DJIA |
Sideways movement was expected as most likely for Tuesday, but this is not what happened. Upwards movement has made a new all time high, but the session closed red. Summary: The trend is up. Trading with the trend is the safest approach for your account. Use...
by Lara | Jul 24, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement within a small range fits both hourly Elliott wave counts. Both VIX and the AD line today exhibit some divergence with price. With this divergence for both indicating the same direction, they both point to which hourly Elliott wave count may be more...
by Lara | Jul 22, 2017 | S&P 500, S&P 500 + DJIA |
A short term pullback was expected to begin on Friday. A downwards day completed with a lower low and a lower high, exactly as expected. Summary: The trend is up. Trading with the trend is the safest approach for your account. Use corrections as an opportunity to join...
