by Lara | May 28, 2019 | S&P 500, S&P 500 + DJIA |
A strong downwards day indicates which short-term scenario is most likely. Summary: The low of December 2018 is expected to most likely remain intact, and this pullback is expected to be followed by a strong third wave up to new all time highs. Two scenarios remain...
by Lara | May 25, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, some sideways movement was expected for Friday’s session, which is what has happened. Summary: The low of December 2018 is expected to very likely remain intact, and this pullback is expected to be followed by a strong third wave up to new...
by Lara | May 23, 2019 | S&P 500, S&P 500 + DJIA |
A downwards swing failed to make a new low today. Three out of four short-term Elliott wave counts now remain valid. Summary: The low of December 2018 is expected to remain intact, and this pullback is expected to be followed by a strong third wave up to new all time...
by Lara | May 22, 2019 | S&P 500, S&P 500 + DJIA |
Price continues to move sideways. A small pennant pattern may be forming on the daily chart. A target is calculated using the flag pole. Summary: The low of December 2018 is expected to remain intact, and this pullback is expected to be followed by a strong third wave...
by Lara | May 21, 2019 | S&P 500, S&P 500 + DJIA |
Price is moving sideways, which fits the first expectation for this week. Summary: The low of December 2018 is expected to remain intact, and this pullback is expected to be followed by a strong third wave up to new all time highs. Three scenarios are possible for the...
by Lara | May 20, 2019 | S&P 500, S&P 500 + DJIA |
A small range day remains inside last week’s range leaving all three short-term Elliott wave counts unchanged. Summary: The low of December 2018 is expected to remain intact, and this pullback is expected to be followed by a strong third wave up to new all time...
by Lara | May 18, 2019 | S&P 500, S&P 500 + DJIA |
Both the AD line and VIX at the end of the week give the same signal. In conjunction with Lowry’s data, this indicates a more bullish scenario should be dominant. The Elliott wave count has a new short to mid-term target. Summary: The low of December 2018 is...
by Lara | May 16, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a sideways consolidation to continue for a few sessions. Some upwards movement today changes the short-term view slightly to see a bounce continuing, but the mid-term expectation and target remains the same. Summary: The target for...
by Lara | May 15, 2019 | S&P 500, S&P 500 + DJIA |
For the very short term, a small bounce or sideways consolidation was expected to continue. A slightly higher high and higher low fits this expectation perfectly. Summary: For the very short term, a sideways consolidation may now continue for a few sessions. Within...
