by Lara | Feb 7, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the main Elliott wave count, but the confirmation point still has not been passed. Summary: It is increasingly likely that the next wave up has begun. This would be confirmed with a new all time high. The target is 2,338 for the short...
by Lara | Feb 6, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to begin the week, but this is not what happened. Price remains above the invalidation point on the main Elliott wave count. Summary: It is increasingly likely that the next wave up has begun. This would be confirmed with a new all time...
by Lara | Feb 3, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the main Elliott wave count and this is what happened. The alternate Elliott wave count is just hanging on by a couple of points. Summary: It is increasingly likely that the next wave up has begun. This would be confirmed with a new...
by Lara | Feb 2, 2017 | S&P 500, S&P 500 + DJIA |
Price has made a lower high and a lower low, although it closed green. Summary: It is still more likely today that the next wave up has just begun. Confidence would be had above 2,289.14. The target is 2,338 for the short term and 2,382 for a longer term trade. If...
by Lara | Feb 1, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday’s session, and that is what has happened. The main Elliott wave count remains the same and the alternate Elliott wave count remains possible. Summary: Again, it is increasingly likely today that the next wave up has...
by Lara | Jan 31, 2017 | S&P 500, S&P 500 + DJIA |
A slight new low changes the structure on the main hourly Elliott wave count. The new labelling has a better fit. Summary: It is increasingly likely today that the next wave up has just begun. Confidence would be had above 2,294.08. The target is 2,338 for the short...
by Lara | Jan 30, 2017 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected for Monday’s session, which is what has happened. Summary: The situation is quite mixed today for the S&P, but on balance my judgement is that today’s downwards movement may present an opportunity to enter...
by Lara | Jan 28, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
Careful analysis of volume, On Balance Volume, and VIX may assist to find an entry to join the current trend. Summary: Price has broken out upwards from a flag pattern. A target using the measured rule is 2,323 and an Elliott wave target is 2,382. Monday, and maybe...
by Lara | Jan 26, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues, which fits the larger picture of the main Elliott wave count. In looking for an entry to join the trend classic technical analysis, particularly On Balance Volume, may be useful. Summary: Price has broken out upwards from a flag pattern. A...
