by Lara | Oct 5, 2016 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected that Tuesday’s session would move price lower, and it has. But the target has not yet been reached. This wave down may not exhibit a Fibonacci duration in terms of how many days it lasts. The target remains the same. Summary:...
by Lara | Oct 3, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement has unfolded exactly as expected so far for Monday’s session. The target for the main Elliott wave count remains the same. Summary: One more day of downwards movement to 2,137 is expected. Thereafter, price should turn up to make a new high...
by Lara | Oct 1, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
A red daily candlestick or doji was expected for Friday, but this did not happen. Upwards movement slightly breached the invalidation point on the hourly chart. Summary: Two days of downwards movement to 2,137 is expected. Divergence with price and the AD line and VIX...
by Lara | Sep 29, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Yesterday’s analysis was indecisive. The preferred Elliott wave count required downwards movement, but volume suggested this might not happen. Price did move lower. The preferred Elliott wave count now looks right and on track. Summary: Tomorrow should see...
by Lara | Sep 29, 2016 | Nasdaq
Updated Elliott wave and Technical analysis of Nasdaq. Summary: Both Elliott wave counts require more upwards movement. In the short term, volume supports this. There is some weakness to upwards movement and it may be limited to no longer than 5,794.91. New updates to...
by Lara | Sep 28, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday’s session. This is what happened. Summary: Classic technical analysis suggests more upwards movement tomorrow, but the preferred Elliott wave count requires downwards movement. If price makes a new high above 2,179.58,...
by Lara | Sep 27, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday’s session. This is what happened. Summary: The next two or three sessions may be very choppy and overlapping. Support from volume suggests overall upwards movement tomorrow. The target for the mid term remains at 2,233....
by Lara | Sep 26, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Monday’s session to about 2,155. Monday did move price lower, but it was more than expected closing at 2,146. Summary: One to three days of choppy overlapping upwards movement is expected to end about 2,166. Thereafter, one to...
by Lara | Sep 24, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Friday’s session and is exactly what happened. Summary: One more day of downwards movement to about 2,155 may be expected. Thereafter, price should move higher. It is possible that in the next one to few weeks this market may...
