by Lara | Jul 20, 2017 | S&P 500, S&P 500 + DJIA |
A little more upwards movement today reached just above the target. Summary: Another short term pullback to last about two to five days may begin tomorrow. It may pull price down to about 2,464 to 2,450. If the channel on the hourly chart is breached early tomorrow,...
by Lara | Jul 19, 2017 | S&P 500, S&P 500 + DJIA |
Yesterday’s summary stated: “Expect a green daily candlestick and upwards movement to a short term target at 2,474 – 2,475 tomorrow.” The high today is 2,473.83, just 0.17 short of the 1 point target zone. Summary: The profit target is at...
by Lara | Jul 18, 2017 | S&P 500, S&P 500 + DJIA |
A green daily candlestick was expected, but price has moved lower and that was not expected. Summary: The profit target is at 2,478. The upwards trend has internal strength and health. Use corrections as an opportunity to join the trend. Today’s low presented...
by Lara | Jul 17, 2017 | S&P 500, S&P 500 + DJIA |
A very small inside day leaves the Elliott wave counts mostly unchanged. Summary: In the short term, volume and divergence with the AD line suggest a green daily candlestick tomorrow and a new all time high. The profit target is at 2,478. The upwards trend has...
by Lara | Jul 15, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis expected an upwards breakout with reasonable confidence. This is exactly what has happened for Friday. Summary: The profit target is at 2,478. The upwards trend has internal strength and health. Use corrections as an opportunity to join the trend. Any...
by Lara | Jul 13, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded as expected. Summary: An upwards breakout is expected. The profit target is at 2,478. New updates to this analysis are in bold. Last monthly and weekly charts are here. Last historic analysis video is here. MAIN ELLIOTT WAVE COUNT WEEKLY...
by Lara | Jul 12, 2017 | S&P 500, S&P 500 + DJIA |
A green daily candlestick has unfolded for Wednesday’s session exactly as was expected in yesterday’s summary. With some price confidence, now the alternate and main Elliott wave counts are swapped over. Summary: An upwards breakout is expected. The profit...
by Lara | Jul 12, 2017 | S&P 500, S&P 500 + DJIA |
Price remains within confidence points for the main and alternate hourly Elliott wave counts. The breakout should come soon and simple volume analysis may be used to judge which direction is most likely. Summary: Some reasonable bullishness in classic technical...
by Lara | Jul 11, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA
This is another video of the process of developing an alternate Elliott wave count, using the MotiveWave analysis platform, that shows the steps I go through and my train of thought. Original post published here.
