by Lara | Oct 15, 2019 | S&P 500, S&P 500 + DJIA |
Today both the AD line and inverted VIX give signals that support the main Elliott wave count. Summary: For the very short term, a little downwards movement to about 2,955 or 2,931 may complete tomorrow. Thereafter, the upwards trend may resume. The next target is at...
by Lara | Oct 11, 2019 | S&P 500, S&P 500 + DJIA |
At the end of this week, the AD line gives another signal that strongly supports the main Elliott wave count. Summary: For the very short term, a little downwards movement to about 2,955 or 2,931 may begin on Monday. Thereafter, the upwards trend may resume. The next...
by Lara | Sep 20, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement for Friday was expected for the short term. This week saw price move upwards as expected, with a higher high and a higher low. Summary: This week comes with more upwards movement and new all time highs from the AD line and On Balance Volume (daily...
by Lara | Sep 18, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to resume. The session has closed as an outside day with a strong finish and a green daily candlestick. Summary: The upwards trend may now resume to new all time highs. Downside risk is at 2,931 for the short term. The next target is...
by Lara | Aug 27, 2019 | S&P 500, S&P 500 + DJIA |
Today the AD line, On Balance Volume and inverted VIX give signals which support alternate Elliott wave counts. Price remains range bound. The alternate Elliott wave counts expect the same direction for the breakout. Summary: A new low below 2,822.12 would indicate a...
by Lara | Aug 24, 2019 | S&P 500, S&P 500 + DJIA |
Price remains constrained within a small zone of support and resistance. The three Elliott wave counts remain the same. Summary: Conditions are still suggesting a sustainable low may be in place. The next target is 3,120. A new low below 2,822.12 would indicate a...
by Lara | Aug 1, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected further downwards movement. The AD line indicates how much more may be expected. Summary: Intermediate wave (2) may continue overall for a few more sessions, possibly as long as a week or two. The target remains at support at 2,912....
by Lara | Jul 30, 2019 | S&P 500, S&P 500 + DJIA |
Another test of support today saw price bounce again. The AD line today sends a strong indication of what to expect tomorrow; this supports the Elliott wave count. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A mid-term target...
by Lara | Jul 9, 2019 | S&P 500, S&P 500 + DJIA |
As expected an outside day continues a sideways consolidation. Summary: The bull market is expected to continue and corrections are expected to be shallow. A more time consuming consolidation or pullback may have just begun. It may continue for another two weeks. The...
