by Lara | Nov 6, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement to begin the new trading week, which is what has happened. The Elliott wave target is just one point off a target using the measured rule and a reliable continuation pattern. Summary: The Elliott wave target is at 2,616 and...
by Lara | Sep 6, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to continue to about 2,467. Price reached to 2.64 points above this target. Summary: With the last wave up now looking very much like a three, have some confidence that primary wave 4 is underway. Look for price to move either sideways or...
by Lara | Aug 18, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement has continued for Friday exactly as the Elliott wave count and classic technical analysis expected. On Balance Volume gives important signals at the end of this week. Summary: Look out for a green daily candlestick for Monday. A small bounce may end...
by Lara | Jul 15, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis expected an upwards breakout with reasonable confidence. This is exactly what has happened for Friday. Summary: The profit target is at 2,478. The upwards trend has internal strength and health. Use corrections as an opportunity to join the trend. Any...
by Lara | Mar 27, 2017 | S&P 500, S&P 500 + DJIA |
Monday was expected to be an upwards day, but this is not what happened. Summary: The picture today looks more bearish. The alternate wave count has substantially increased in probability. A new high in the short term, above 2,354.54, would indicate the pullback is...
by Lara | Mar 15, 2017 | S&P 500, S&P 500 + DJIA |
A very short term target expected some upwards movement for one or two days to a target zone at 2,380 to 2,383. Price moved higher as expected for Wednesday’s session, reaching 2,390.01. Summary: A deeper pullback looks very likely now to have arrived. It may...
by Lara | Mar 7, 2017 | S&P 500, S&P 500 + DJIA |
Another day of downwards movement was expected from the Elliott wave count and from classic technical analysis. Summary: A deeper pullback may have arrived. It may last about one to three months and may end either 2,368 – 2,353 or 2,282 – 2,234. A new low...
by Lara | Feb 15, 2017 | S&P 500, S&P 500 + DJIA |
The short term target has been met and the mid term target remains the same. Price continued higher and almost met the target, which was at 2,353, fitting the second hourly Elliott wave chart. Summary: Minor wave 3 may be over today. Very strong divergence between...
by Lara | Jan 13, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was again expected, but this time did not eventuate for Friday. Price moved higher but did not make a new high, and volume was weaker. Note: NYSE is closed on Monday, so there will be no new price action from BarChart to analyse. Next analysis of...
