by Lara | Mar 8, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement continued as the Elliott wave analysis expected. Summary: Targets for a multi-week pullback are 2,637 or 2,656. At its end, this pullback may offer an opportunity to join the upwards trend prior to new all time highs. New updates to this analysis...
by Lara | Mar 6, 2019 | S&P 500, S&P 500 + DJIA |
Sideways movement continues but now all of On Balance Volume, the AD line, and inverted VIX give the same signals. The Elliott wave count is updated. Summary: The channel on the daily chart is now fully breached today indicating a likely start to primary wave 2....
by Lara | Feb 12, 2019 | S&P 500, S&P 500 + DJIA |
An upwards breakout with support from volume suggests a new Elliott wave count. Summary: A target now is at 2,856 for the short term. If this target is wrong, it may not be high enough. The upwards trend should be assumed to continue as long as price remains above...
by Lara | Feb 8, 2019 | S&P 500, S&P 500 + DJIA |
Price moved overall lower as yesterday’s analysis expected. Summary: A breach of the black Elliott channel has indicated primary wave 2 has arrived. Primary wave 2 may last about a Fibonacci 13, 21 or 34 sessions in total. The first target is the 0.382 Fibonacci...
by Lara | Jan 18, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement has continued all week exactly as expected. Price has reached the target and exceeded it by 2.47 points, but the Elliott wave structure is incomplete. A new target is calculated. Summary: The target for intermediate wave (1) to end is now at 2,687....
by Lara | Jan 16, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the main Elliott wave count expects. Summary: The target for intermediate wave (1) to end is at 2,673 with a limit at 2,731.32. The target may be met in another very few sessions. A new low now below 2,593.96 would indicate a deeper...
by Lara | Dec 14, 2018 | S&P 500, S&P 500 + DJIA |
Another downwards day remains above the invalidation point on the main Elliott wave count. Two alternate Elliott wave counts are published for members today. Summary: With the data in hand, it still looks like a low may more likely be in place. This view has support...
by Lara | Dec 12, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. A higher high and a higher low today fits the basic definition of an upwards day. The Elliott wave target remains the same. Summary: A strong bullish Hammer candlestick reversal pattern at the low indicates a trend change. The target for...
by Lara | Nov 20, 2018 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected for Tuesday’s session although the target at 2,667 was inadequate. Summary: For the short term, a low may be in place today if the teal trend line offers support. A target for the next wave up is either 2,843 or...
