by Lara | Nov 17, 2018 | S&P 500, S&P 500 + DJIA |
To end the week, upwards movement has continued as expected. Summary: A low looks to be in place at least for the short to mid term. A target for the next wave up is now 2,882 or 3,013 (alternate wave count). Five daily charts today look at five different structures...
by Lara | Oct 25, 2018 | S&P 500, S&P 500 + DJIA |
An inside day is inconclusive. Two Elliott wave counts are provided for members today. Summary: It looks somewhat more likely that the first big wave down within primary wave 4 could be over at yesterday’s low. A multi week bounce may have begun today. Look for...
by Lara | Oct 23, 2018 | S&P 500, S&P 500 + DJIA |
More downwards movement to a target at 2,698 was expected. The low for Monday at 2,691.43 is 6.57 points below the target. Summary: It looks most likely that a multi week bounce may begin here. It may end above 2,890, and may be as high as 2,916. This view has support...
by Lara | Sep 26, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement remains above the last swing high. At this time, a series of higher highs and higher lows (the definition of an upwards trend) remains in place. Another signal today from the AD line indicates a new alternate Elliott wave count may be correct....
by Lara | Sep 24, 2018 | S&P 500, S&P 500 + DJIA |
A test of support about 2,912 was expected to begin the new trading week, which is exactly what has happened. Summary: Upwards movement is expected to resume tomorrow. The short term target for the next pullback to arrive is about 2,957. The invalidation point is at...
by Lara | Aug 30, 2018 | S&P 500, S&P 500 + DJIA |
Today’s small shallow correction fits the overall expectation of the main Elliott wave count. Summary: The trend is up. Assume the trend remains the same until proven otherwise. The last gap may be a breakaway gap, which may offer support at 2,876.16. Gaps can...
by Lara | Aug 9, 2018 | S&P 500, S&P 500 + DJIA |
Another candlestick pattern supports the main short term Elliott wave count. Summary: There are now two Shooting Star candlesticks about the last high. The main hourly Elliott wave count still expects a reasonable pullback to begin here and to end below 2,796.34 but...
by Lara | Aug 7, 2018 | S&P 500, S&P 500 + DJIA |
Today’s signals from On Balance Volume, the AD line and VIX all point to the same direction for price next. Three short term Elliott wave counts are provided for members to consider all possibilities. Summary: A Shooting Star reversal candlestick pattern appears...
by Lara | Jul 19, 2018 | S&P 500, S&P 500 + DJIA, Trading Tips |
A small pullback remains above the short term invalidation point. The AD line gives a signal today. Summary: Overall, expect upwards movement to continue. On Balance Volume remains very bullish, and there is bullish divergence today between price and the AD line. The...
