by Lara | Feb 25, 2020 | S&P 500, S&P 500 + DJIA |
A correction was expected for this week. A very strong downwards session remains within allowable limits for the Elliott wave count. Summary: The trend is up. Consolidations and pullbacks may last a few weeks but should be viewed in the bigger context of an ongoing...
by Lara | Feb 24, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected to continue this week as a larger correction has arrived. This is exactly what is happening. Summary: The trend is up. Consolidations and pullbacks may last a few weeks but should be viewed in the bigger context of an ongoing bull...
by Lara | Feb 21, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Friday’s session, which is exactly what has happened. The Elliott wave count uses structure and alternation to indicate where price may find support and how long a correction may last. Summary: The trend is up. Consolidations...
by Lara | Feb 20, 2020 | S&P 500, S&P 500 + DJIA |
The target for the next interruption to the trend was at 3,415. Upwards movement has fallen 21.48 points short of this target. Summary: The trend is up. Consolidations and pullbacks may last a few weeks but should be viewed in the bigger context of an ongoing bull...
by Lara | Feb 19, 2020 | S&P 500, S&P 500 + DJIA |
Upwards movement to new all time highs continues exactly as the main Elliott wave count expects. The target remains the same. Summary: The trend is up. The target for the next interruption to the trend is at 3,415. A new low now below 3,355.70 would indicate...
by Lara | Feb 18, 2020 | S&P 500, S&P 500 + DJIA |
A small range downwards day remains above the multi-year trend line. A new alternate Elliott wave count is published today. Summary: The trend is up. The target for the next interruption to the trend is at 3,415. A new low now below 3,347.96 would indicate...
by Lara | Feb 14, 2020 | S&P 500, S&P 500 + DJIA |
An inside day to end the session prints a Dragonfly Doji. In the context of an upwards trend, this is bullish. The alternate Elliott wave count was invalidated this week leaving only the one main Elliott wave count at this time. Targets remain the same. Summary: The...
by Lara | Feb 13, 2020 | S&P 500, S&P 500 + DJIA |
Another new all time high was expected. Downwards movement within the session remains above the short-term invalidation point. The bull market continues as this analysis has been expecting for months now. Summary: The trend is up. The target for the next interruption...
by Lara | Feb 12, 2020 | S&P 500, S&P 500 + DJIA |
A new high above 3,375.63 indicated more upwards movement was expected. The next target remains the same. Summary: The trend is up. The target for the next interruption to the trend is at 3,415. Two more large pullbacks or consolidations (fourth waves) during the next...
