by Lara | Jun 26, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Tuesday’s session. Price moved sideways in a small range to complete a doji candlestick, neither confirming nor invalidating yesterday’s analysis. Summary: A small green doji lacking support from volume does not...
by Lara | Jun 21, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the last session, but this is not what happened as price moved lower. However, price remains above the invalidation point. A new short term Elliott wave count is considered today. Summary: Bearish divergence today between price and...
by Lara | May 29, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected that a pullback was not over. Downwards movement for the start of the new week fits this expectation. Summary: Some bullish divergence today between price and the AD line, along with a long lower candlestick wick, suggest the pullback may be...
by Lara | May 22, 2018 | S&P 500, S&P 500 + DJIA |
A signal today from On Balance Volume and VIX gives an indication of the direction for tomorrow. So far price is behaving mostly as expected, and the Elliott wave count remains the same at the daily chart level. Summary: Look for a pullback tomorrow which may end...
by Lara | May 3, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement. The whipsaw invalidated the hourly wave count, but price remains above the daily invalidation point. The AD line, VIX and On Balance Volume all give the same signal today. Summary: The target is now at 2,922. Traders with a...
by Lara | May 1, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis gave a target for downwards movement at 2,637 to 2,635. Price moved lower to reach 2,625.41, 9.59 points below the small target zone. From there it bounced strongly higher, which was expected. Summary: The short term target is at 2,730. The...
by Lara | Apr 26, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected from the main Elliott wave count. This wave count has support from classic technical analysis, particularly signals from the AD line and On Balance Volume. Summary: Yesterday’s low may be the end of a multi week...
by Lara | Apr 18, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was still expected. There is today a new very important signal from the AD line, which prompts me to publish a new wave count. The expected direction is the same, but the target is new. Summary: The target for a primary degree third wave to end is now...
by Lara | Apr 16, 2018 | S&P 500, S&P 500 + DJIA |
More upwards movement fits the main Elliot wave count. With price closing today above resistance and signals from the AD line and VIX, the main Elliot wave count is now favoured. Summary: While price remains above 2,645.05 the target is at 2,705, or a range from 2,752...
