by Lara | Aug 28, 2016 | S&P 500, S&P 500 + DJIA |
Price moved lower. The main Elliott wave count was invalidated and an alternate Elliott wave count was confirmed. Summary: Overall, next week should continue with downwards movement to end about 2,147.58. On Balance Volume is giving a stronger bearish signal but VIX...
by Lara | Aug 25, 2016 | S&P 500, S&P 500 + DJIA |
Price moved sideways to complete another small daily doji candlestick. Both Elliott wave counts remain valid. The S&P is today giving conflicting signals from volume, On Balance Volume, and VIX. Summary: On Balance Volume today is giving a bearish signal and VIX...
by Lara | Aug 24, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement invalidated the hourly Elliott wave count when price crossed the near by invalidation point. The daily Elliott wave count remains valid. Summary: A new high above 2,193.42 would indicate a third wave up is underway, target 2,230. A new alternate...
by Lara | Aug 23, 2016 | S&P 500, S&P 500 + DJIA |
A short sharp thrust down was expected before price turned upwards, but this is not what happened. Price moved upwards at the start of the session. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. The...
by Lara | Aug 22, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price moved sideways to print a small green doji daily candlestick. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. The mid term targets are 2,332 or 2,445. If price...
by Lara | Aug 20, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected for Friday’s session. Price moved overall sideways, the low remaining comfortably above the invalidation point on the hourly Elliott wave chart. Summary: The trend remains the same, until proven otherwise. Assume the trend is...
by Lara | Aug 18, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Thursday’s session. A new high and a small green daily candlestick fits the expectations nicely. On Balance Volume is giving a strong signal today. Summary: The trend remains the same, until proven otherwise. Assume the trend is...
by Lara | Aug 17, 2016 | S&P 500, S&P 500 + DJIA |
Short term downwards movement to a target at 2,162 – 2,159 was expected before more upwards movement. Price moved lower as expected falling 6.5 points short of the target before turning strongly upwards to close above the open and print a green daily...
by Lara | Aug 16, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was unexpected and invalidated the hourly Elliott wave count. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. In the short term, expect a small correction to end about 2,162 –...
