by Lara | Mar 28, 2018 | S&P 500, S&P 500 + DJIA |
A small range day moves price lower, which remains above the invalidation point on the main hourly chart. The AD line gives a signal today, indicating the most likely direction for tomorrow. Summary: The target for upwards movement is now 2,737. A new high above...
by Lara | Mar 26, 2018 | S&P 500, S&P 500 + DJIA |
More downwards movement to a target at 2,565 – 2,566 was expected before a trend change, but the trend change has arrived earlier than expected. There is strong support at the 200 day moving average. Summary: The target for upwards movement now as most likely is...
by Lara | Mar 5, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded as expected for Monday’s session. The second target was almost reached. Summary: Look first for a breach of the yellow best fit channel on the hourly chart. When price breaks below that channel, then expect a few days of downwards...
by Lara | Feb 14, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected overall upwards movement, which is what has happened, but a short term pullback did not happen first. Summary: The next target is at 3,020. Increased volume and a new bullish signal from the AD line offer support to the Elliott wave count today....
by Lara | Feb 12, 2018 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Price has moved higher for Monday, which is exactly what was expected from last analysis. Summary: The next target is at 3,020. In the short term, look for a pullback tomorrow for a second wave correction. The pullback may find support now about the upper edge of the...
by Lara | Feb 1, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected the correction was still incomplete. Another sideways day, which moved price slightly lower, fits expectations overall. Summary: A correction looks to be incomplete, so it may continue for a few more days. Targets for it to end are...
by Lara | Jan 27, 2018 | S&P 500, S&P 500 + DJIA |
Price continues to move higher as both the Elliott wave count and classic analysis expect. Focus in this analysis will continue to be on identifying when and where the next interruption to this trend may begin, and how long it may last. Summary: The trend is up and...
by Lara | Jan 24, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement during the last session bounced upwards almost exactly at the support line on the hourly chart, offering members another entry opportunity to join the trend. Summary: The trend is up and strong. Corrections are an opportunity to join the trend. The...
