by Lara | Apr 29, 2020 | Uncategorized
S&P 500: Elliott Wave and Technical Analysis | Charts – April 29, 2020 A short-term target was at 2,956. Today more upwards movement has reached up to 2,954.86, just 1.14 points short of the target. Summary: A downwards or sideways movement may develop here,...
by Lara | Apr 8, 2020 | Uncategorized
S&P 500: Elliott Wave and Technical Analysis | Charts – April 8, 2020 More upwards movement has support today from a corresponding rise in market breadth. The Elliott wave count remains the same and the target remains the same. Summary: The bounce may end about...
by Lara | Apr 6, 2020 | Uncategorized
S&P 500: Elliott Wave and Technical Analysis | Charts – April 6, 2020 A close today above a multi-year trend channel suggests one of the four short-term Elliott wave counts is more likely. Summary: The bounce may end about 2,934 in a few more days to a couple of...
by Lara | Mar 14, 2020 | Uncategorized
by Lara | Mar 14, 2020 | Uncategorized |
At the end of the week, monthly charts are reviewed in text and video. A bounce is expected for next week. Summary: Expect a bounce to begin next week, which may end about either 2,828 or 3,044. Thereafter, the bear market may resume to make a final low at 2,352. This...
by Lara | Mar 11, 2020 | Uncategorized |
A new low below 2,728.81 has indicated a deeper pullback to end about the lower edge of a multi-year trend channel. Summary: Downwards movement has now retraced just over 20% of market value (high to low). This now meets the technical definition of a bear market....
by Lara | Feb 19, 2020 | Uncategorized |
Upwards movement to new all time highs continues exactly as the main Elliott wave count expects. The target remains the same. Summary: The trend is up. The target for the next interruption to the trend is at 3,415. A new low now below 3,355.70 would indicate...
by Lara | Feb 14, 2020 | Uncategorized
by Lara | Feb 14, 2020 | Uncategorized |
An inside day to end the session prints a Dragonfly Doji. In the context of an upwards trend, this is bullish. The alternate Elliott wave count was invalidated this week leaving only the one main Elliott wave count at this time. Targets remain the same. Summary: The...
