by Lara | Jul 29, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 29, 2020 Upwards movement today remains below the short-term invalidation point on the hourly chart. Summary: With the best fit channel breached, it is possible that the bounce is over and the bear...
by Lara | Jul 28, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 28, 2020 The very short-term expectation was for a very little more upwards movement to about 3,249.45 before a reversal. Today price reached up to 3,243.72 before sharply reversing at the end of the...
by Lara | Jul 27, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 27, 2020 Last analysis expected the new trading week to begin with a little upwards movement, which is what has happened. Summary: With the best fit channel breached, it is possible that the bounce is...
by Lara | Jul 24, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 24, 2020 While both short-term Elliott wave counts remain valid, a channel breach on Friday suggests they may be swapped over. Summary: With the best fit channel breached, it is possible that the bounce...
by Lara | Jul 23, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 23, 2020 Two short-term Elliott wave counts are provided for members. Invalidation of one would provide confidence in the other. Summary: While price remains within the best fit channel on the main...
by Lara | Jul 22, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 22, 2020 A target is now calculated for upwards movement to end for the main wave count. Summary: A short-lived upwards breakout may continue for another one to few days, before a trend change. The...
by Lara | Jul 21, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 21, 2020 Another upwards day continues as expected. Summary: A short-lived upwards breakout may continue for another one to few days, before a trend change. The upwards breakout may not make a new all...
by Lara | Jul 20, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 20, 2020 Today price has closed to a new swing high, but volume and breadth suggest weakness. Summary: A short-lived upwards breakout may continue for another one to very few days, before a trend...
by Lara | Jul 17, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 17, 2020 Sideways movement ends the week and sees the Elliott wave count remain the same. Summary: Sideways movement may continue next week. It may then be followed by a short lived upwards breakout...