by Lara | Dec 19, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues towards the small 2 point target zone, which remains the same. The target is calculated using Elliott wave and Fibonacci ratios, and from the last open gap. Summary: The next target is now at 3,238 to 3,240, which now looks reasonable. About...
by Lara | Nov 27, 2019 | S&P 500, S&P 500 + DJIA |
Price continues to move higher towards the target with brief and shallow corrections, exactly as expected. A small channel on the hourly chart today may be used to indicate when the next correction may have arrived. Summary: Assume price will continue higher while it...
by Lara | Nov 4, 2019 | S&P 500, S&P 500 + DJIA |
Price continues on upwards towards the next target. Summary: Expect for the short term for any pullbacks to be brief and shallow on the way up to the next target at 3,179, where a shallow consolidation may begin lasting about 2 weeks. Three large pullbacks or...
by Lara | Oct 10, 2019 | S&P 500, S&P 500 + DJIA |
Divergence between price and market breadth at the last high for price strongly supports the main Elliott wave count. Summary: For the very short term, this pullback may end in a few days about 2,882. Thereafter, the upwards trend may resume. The next target is at...
by Lara | Sep 17, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded for Tuesday exactly as expected. Price is perfectly bouncing up off the support line on the short-term hourly chart. The Elliott wave count remains the same. Summary: The upwards trend may now resume to new all time highs. The next target...
by Lara | Aug 22, 2019 | S&P 500, S&P 500 + DJIA |
A breakout is expected tomorrow. The target remains the same. Summary: Conditions are still suggesting a sustainable low may be in place. The next target is 3,120. A new low below 2,822.12 would indicate a continuing deeper pullback. The first target would then be at...
by Lara | Jul 29, 2019 | S&P 500, S&P 500 + DJIA |
A small range inside day leaves the Elliott wave counts and targets unchanged. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A mid-term target for a third wave at intermediate degree is at 3,148. Use the best fit trend channel as...
by Lara | Jun 10, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as was expected for the short term from last analysis. Today a candlestick pattern along with signals from VIX indicate the next movement for the short term. The mid-term target remains the same. Summary: The low of December 2018 is expected...
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...
