by Lara | Jun 16, 2016 | S&P 500, S&P 500 + DJIA |
Overall, the session unfolded mostly as expected with downwards movement first then upwards movement. A green daily candlestick was expected to continue a bounce. Summary: A multi day correction has most likely begun to a target at 2,094 or 2,099 -2,102. If this...
by Lara | Jun 15, 2016 | S&P 500, S&P 500 + DJIA |
A small bounce began mostly as expected, but it did not begin with a final low first. Summary: The trend is down; look out for surprises to the downside. There is now enough technical indication of a trend change for a short position to be entered. Corrections are an...
by Lara | Jun 14, 2016 | S&P 500, S&P 500 + DJIA |
A bounce was again expected for Tuesday but did not happen. Summary: The trend is down; look out for surprises to the downside. There is now enough technical indication of a trend change for a short position to be entered. Corrections are an opportunity to join the...
by Lara | Jun 13, 2016 | S&P 500, S&P 500 + DJIA |
A bounce was expected for Monday but did not happen. Price has moved lower breaking below the first confirmation point for the larger picture and confirming a trend change, at least short term. Summary: A bounce for a second wave correction is still expected on...
by Lara | Jun 12, 2016 | Trading Tips |
Your survival as a trader depends on how you manage risk. The single most important aspect of trading is risk management. Risk management is boring, overlooked by newbies, and ignored by the greedy. Greed without risk management will wipe out your account. The fact is...
by Lara | Jun 11, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement unfolded as expected for Friday’s session. Summary: In the short term, a bounce up on Monday looks likely, which may end about 2,109. If it is very deep, it may end when price finds resistance at the lower edge of the blue channel on the...
by Lara | Jun 9, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement did materialise as expected but not by much. Confirmation points have not been breached and price remains within the channel on the hourly chart. Summary: Price is persistently weak but no trend change is yet indicated. Earliest confidence in a...
by Lara | Jun 8, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was again expected for the session and again failed to materialise. No confirmation of a trend change has been indicated yet either, so it was allowed that price could move a little higher. Summary: Price is persistently weak but no trend change is...
by Lara | Jun 7, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was again expected for the session and again failed to materialise. Summary: Price is persistently weak but no trend change is yet indicated. Earliest confidence in a trend change would come with a new low below 2,085.36. A breach of the large black...
