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 | Mar 28, 2019 | S&P 500, S&P 500 + DJIA |
Price is moving sideways and remains range bound. The main Elliott wave count today has good support from classic technical analysis. The AD line (as an indication of market breadth) and moving averages are used to indicate the most likely breakout direction. Summary:...
by Lara | Mar 5, 2019 | S&P 500, S&P 500 + DJIA |
Sideways movement continues within the range that price has been in now for six sessions. The breakout is still expected to be in the same direction. Summary: Price remains range bound. To indicate the next movement there needs to be a breakout. Downwards movement...
by Lara | Feb 7, 2019 | S&P 500, S&P 500 + DJIA |
A breach of an important channel changes the mid-term outlook for the S&P today. Members were warned yesterday that the risk of a pullback was heightened. Summary: A breach of the black Elliott channel has indicated primary wave 2 has arrived. Primary wave 2 may...
