by Lara | Sep 19, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement resumed as expected for the session. Two Elliott wave counts are published at the daily chart level. The price point which differentiates them is the all time high. Summary: Downside risk is at 2,931 for the short term. A pullback or consolidation may...
by Lara | Sep 18, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to resume. The session has closed as an outside day with a strong finish and a green daily candlestick. Summary: The upwards trend may now resume to new all time highs. Downside risk is at 2,931 for the short term. The next target is...
by Lara | Sep 17, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded for Tuesday exactly as expected. Price is perfectly bouncing up off the support line on the short-term hourly chart. The Elliott wave count remains the same. Summary: The upwards trend may now resume to new all time highs. The next target...
by Lara | Sep 16, 2019 | S&P 500, S&P 500 + DJIA |
A short-term target for a little more downwards movement was at 2,981. The low for Monday has reached 2,990.67. Members were warned that the short-term target may have been a little too low. Summary: The upwards trend may now resume to new all time highs. The next...
by Lara | Sep 13, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, a pullback or consolidation was expected to begin on Friday. This is exactly what has happened. Summary: For the short term, a little weakness in the last session suggests a pullback or consolidation may unfold here. The target for support is about...
by Lara | Sep 12, 2019 | S&P 500, S&P 500 + DJIA |
Price continues to move higher as expected. The Elliott wave target remains the same. Summary: For the short term, a little weakness in the last session suggests a pullback or consolidation may unfold here. The target for support is about 2,981. Thereafter, the...
by Lara | Sep 11, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues exactly as expected. Today the Elliott wave analysis has strong support from the AD line and On Balance Volume. Summary: The next target is 3,120. Classic analysis very strongly supports this main wave count. The biggest picture, Grand Super...
by Lara | Sep 10, 2019 | S&P 500, S&P 500 + DJIA |
Today looks like a typical back test of support after an upwards breakout. The identified area of support is holding. Targets remain the same. Summary: An upwards breakout above 2,940 with support from volume adds confidence in the wave count. The next target is...
by Lara | Sep 9, 2019 | S&P 500, S&P 500 + DJIA |
An outside day with a new high comes with support from rising market breadth. The Elliott wave count remains the same. Summary: An upwards breakout above 2,940 with support from volume adds confidence in the wave count. The next target is 3,120. Classic analysis very...
