by Lara | Dec 6, 2017 | S&P 500, S&P 500 + DJIA |
Analysis for the last two days has expected overall downwards movement. A small channel provided on the last hourly chart was used to indicate when downwards movement may be over for the very short term, if price breached it. Summary: For the short term, look now for...
by Lara | Sep 2, 2017 | S&P 500, S&P 500 + DJIA |
Members were advised after Thursday’s session to enter long positions with stops just below the last gap at 2,460.31. Positions should now be profitable and profits may be taken or stops moved up to breakeven. Summary: Upwards movement may be over at...
by Lara | Aug 15, 2017 | S&P 500, S&P 500 + DJIA |
The alternate hourly wave count was indicated as correct early in the session when price made a new high above 2,462.59. Summary: The target for the bounce to end is at 2,480. Single day divergence today between price and the AD line suggests downwards movement...
by Lara | Jul 3, 2017 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis expected downwards movement for the short term. This is not what happened, but upwards movement remains below the invalidation point and within the base channel. Summary: Expect now a multi week to multi month pullback has begun. The target...
by Lara | May 18, 2017 | S&P 500, S&P 500 + DJIA |
A bounce was expected for Thursday’s session and this is exactly what happened. Summary: This upwards bounce may be a counter trend bounce. If price makes a new low below 2,344.51 tomorrow, then the wave count would see either intermediate wave 4 or primary wave...
by Lara | May 2, 2017 | S&P 500, S&P 500 + DJIA |
Price remains range bound. Another small doji completes an inside day. The Elliott wave counts remain mostly the same with a small change for the main hourly chart. Summary: This small consolidation may present an opportunity to join the upwards trend. Stops may be...
by Lara | Mar 24, 2017 | S&P 500, S&P 500 + DJIA |
A little downwards movement to below 2,340.51 but not below 2,336.45 was expected during Friday’s session. Price did move lower, but it made a slight new low below 2,336.45, which was not expected. Summary: Volatility declined and market breadth improved while...
by Lara | Jul 18, 2016 | S&P 500, S&P 500 + DJIA |
A short term pullback was expected. Price has not moved lower, but moved higher in a small inside day. Summary: In the very short term, a small pullback to about 2,147 or 2,133 is still expected. If this expectation is wrong, it will be in that these targets are too...
by Lara | Jun 27, 2016 | S&P 500, S&P 500 + DJIA |
A bounce was expected short term for Monday / Tuesday but did not turn up on Monday. The mid term target at 2,000 was met and exceeded by 8.32 points. Summary: In the short term, it looks very likely today (more so than the end of last week) that a multi day bounce...
