by Lara | Oct 18, 2017 | S&P 500, S&P 500 + DJIA |
The short term Elliott wave count is changed but the target remains the same. A new alternate Elliott wave count with a new short term target fits continuing bearishness with indicators, notably market breadth, VIX and RSI. Summary: The structure is now incomplete and...
by Lara | Sep 26, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday’s session. A higher high and a higher low fits the definition of upwards movement, but the candlestick has closed red. Summary: On Balance Volume and the AD line remain very bullish, supporting the main Elliott wave...
by Lara | Jul 5, 2017 | S&P 500, S&P 500 + DJIA |
A red daily candlestick was expected for Wednesday’s session. Price has made a lower low and a lower high, the definition of downwards movement, but the candlestick has closed green after a rally at the end of the session. Summary: Expect now a multi week to...
by Lara | Jul 1, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis concluded the situation was unclear for the short term. A smaller range inside day mostly fits expectations. Upwards movement during Friday’s session remains well below the invalidation point on the hourly chart. Summary: Expect now a multi week to...
by Lara | Mar 16, 2017 | S&P 500, S&P 500 + DJIA |
Price moved lower for the session, which was what was expected for the short term from the hourly Elliott wave count. Summary: A deeper pullback looks very likely now to have arrived. It may last at least another two days and possibly a few weeks longer. Target zones...
by Lara | Jan 31, 2017 | S&P 500, S&P 500 + DJIA |
A slight new low changes the structure on the main hourly Elliott wave count. The new labelling has a better fit. Summary: It is increasingly likely today that the next wave up has just begun. Confidence would be had above 2,294.08. The target is 2,338 for the short...
by Lara | Jul 21, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected but did not happen. Price remains just above the invalidation point on the hourly wave count. Summary: Sideways movement for another three sessions may complete a fourth wave. This will be the preferred outlook while price remains above...
by Lara | Jun 30, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely for the session, but it was allowed that price could continue higher. Price remains below the invalidation point. Summary: In the short term, it looks like upwards movement is not quite over. But this upwards wave is very...
by Lara | Jun 11, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement unfolded as expected for Friday’s session. Summary: In the short term, a bounce up on Monday looks likely, which may end about 2,109. If it is very deep, it may end when price finds resistance at the lower edge of the blue channel on the...
