by Lara | Jul 8, 2019 | S&P 500, S&P 500 + DJIA |
A very small range inside day breaches the lower edge of a channel that had previously contained all pullbacks. The short-term Elliott wave count is today changed. Summary: The bull market is expected to continue and corrections are expected to be shallow. A more time...
by Lara | Jul 6, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement for the week continues as expected, and it has support from rising market breadth and declining volatility. The Elliott wave counts remain the same. Summary: The next short-term target is at 3,058. Look for corrections to continue to be very shallow...
by Lara | Jul 3, 2019 | S&P 500, S&P 500 + DJIA |
The upwards trend was expected to resume with strength this week, which is exactly what is happening so far. The Elliott wave count targets remain the same. Summary: Strength in this upwards trend may be expected to continue for a while yet. The next short-term target...
by Lara | Jul 2, 2019 | S&P 500, S&P 500 + DJIA |
Further upwards movement was expected. Elliott wave targets remain the same and the Elliott wave count has support from market breadth. Summary: The upwards trend is expected to fairly likely resume with strength this week. The pullback may be over at the low of the...
by Lara | Jun 28, 2019 | S&P 500, S&P 500 + DJIA |
A small upwards day fits expectations for the short term. At the end of the week, volume and breadth are pointing to the direction for next week. Summary: The upwards trend is expected to fairly likely resume with strength next week. The pullback may be over at the...
by Lara | Jun 27, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, a little more downwards movement was expected. Price has moved sideways in a very small range for the session, which overall fits the Elliott wave count. Summary: For the very short term, price may move a little more sideways and then lower to...
by Lara | Jun 26, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, a little more downwards movement was expected. Another red daily candlestick has printed with a lower low and a lower high, fitting expectations. Summary: For the very short term, a little more downwards movement may now end about 2,884. The low of...
by Lara | Jun 25, 2019 | S&P 500, S&P 500 + DJIA |
For the very short term, a little more downwards movement was expected to end about 2,930 to 2,924. Downwards movement for the session reached 2,916.01, 7.99 below the lower edge of the target zone. Summary: For the very short term, a little more downwards movement...
by Lara | Jun 24, 2019 | S&P 500, S&P 500 + DJIA |
For the very short term, a small pullback was expected to begin the new trading week, which is what has happened. The Elliott wave count and targets remain the same. Summary: For the very short term, a little more downwards movement may find support about 2,930 to...
