by Lara | Sep 29, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Yesterday’s analysis was indecisive. The preferred Elliott wave count required downwards movement, but volume suggested this might not happen. Price did move lower. The preferred Elliott wave count now looks right and on track. Summary: Tomorrow should see...
by Lara | Sep 28, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday’s session. This is what happened. Summary: Classic technical analysis suggests more upwards movement tomorrow, but the preferred Elliott wave count requires downwards movement. If price makes a new high above 2,179.58,...
by Lara | Sep 27, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday’s session. This is what happened. Summary: The next two or three sessions may be very choppy and overlapping. Support from volume suggests overall upwards movement tomorrow. The target for the mid term remains at 2,233....
by Lara | Sep 26, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Monday’s session to about 2,155. Monday did move price lower, but it was more than expected closing at 2,146. Summary: One to three days of choppy overlapping upwards movement is expected to end about 2,166. Thereafter, one to...
by Lara | Sep 7, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Price continues to move sideways within a clearly defined trading range. Summary: While price remains below 2,193.42, it is still likely that a final small wave down will end the consolidation. A new high reasonably above 2,193.42 would indicate that the consolidation...
by Lara | Aug 18, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Thursday’s session. A new high and a small green daily candlestick fits the expectations nicely. On Balance Volume is giving a strong signal today. Summary: The trend remains the same, until proven otherwise. Assume the trend is...
by Lara | Jul 9, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement for Friday was not what the Elliott wave count expected. Summary: The bear wave count will still be preferred while price has not made a new all time high. The target for a strong third wave down is at 1,281. The upwards trend is weak in volume,...
by Lara | Jun 7, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was again expected for the session and again failed to materialise. Summary: Price is persistently weak but no trend change is yet indicated. Earliest confidence in a trend change would come with a new low below 2,085.36. A breach of the large black...
by Lara | May 17, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected from the main Elliott wave count yesterday and this is exactly what happened. Summary: The main wave count expects to see downwards movement accelerate in the next week or so as a third wave unfolds. The first short term target is at...
