by Lara | May 1, 2019 | S&P 500, S&P 500 + DJIA |
The low today invalidated one hourly chart. The Elliott wave count has support from a candlestick reversal pattern. Summary: Primary wave 3 may now be complete. A pullback or consolidation here for primary wave 4 may now last about a couple of weeks or so and may end...
by Lara | Apr 30, 2019 | S&P 500, S&P 500 + DJIA |
Overall, upwards movement continues as expected. The Elliott wave target remains the same. Two hourly charts are published today for the short-term picture. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next...
by Lara | Apr 29, 2019 | S&P 500, S&P 500 + DJIA |
A new all time high was expected this week from the S&P, which is what has happened. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next mid-term target is at 3,010. A cluster of bearish signals from VIX...
by Lara | Apr 27, 2019 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Upwards movement continues as expected. A new Elliott wave count at the monthly chart level is presented. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next mid-term target is at 3,010. However, some near-term...
by Lara | Apr 25, 2019 | S&P 500, S&P 500 + DJIA |
The very short-term analysis on the hourly chart expected a little downwards movement for Thursday, which is what has happened. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next mid-term target is at 3,010....
by Lara | Apr 24, 2019 | S&P 500, S&P 500 + DJIA |
A high today at 2,936.83 is very close to the last all time high at 2,940.91. The Elliott wave count has been expecting the last all time high at 2,940.91 to be challenged for many weeks now. Summary: The upwards trend remains intact and there is underlying strength...
by Lara | Apr 23, 2019 | S&P 500, S&P 500 + DJIA |
An upwards breakout has support from volume today. Elliott wave targets remain the same. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next mid-term target is at 3,010. The final target remains the same at 3,045....
by Lara | Apr 22, 2019 | S&P 500, S&P 500 + DJIA |
A small range day closes with price range bound. This meets the overall expectation for the Elliott wave count for the short term. Summary: A consolidation may unfold here that may be shallow and short lived. It may now end in another one or two sessions about 2,890....
by Lara | Apr 18, 2019 | S&P 500, S&P 500 + DJIA |
A consolidation was expected to continue. A small downwards day closes as a Doji, which fits expectations. Summary: The upwards trend remains intact and there is underlying strength in this market still. A consolidation may unfold here that may be shallow and short...
