by Lara | May 4, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 4, 2020 Downwards movement has continued as last analysis expected. A breach of a trend channel was expected and provides further confidence in the Elliott wave count. Summary: A downwards or sideways...
by Lara | Apr 9, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 9, 2020 Price continues to move higher towards the target, which is currently the same for both the main and alternate Elliott wave counts. Summary: The bounce may end about 2,934 next week. If this...
by Lara | Mar 16, 2020 | S&P 500, S&P 500 + DJIA |
No bounce has materialised. The first target now looks too low. The second Elliott wave target is now the main target. Summary: A short-term target at 2,173 may be about where a bounce or consolidation may begin. Thereafter, the bear market may resume. The final...
by Lara | Feb 20, 2020 | S&P 500, S&P 500 + DJIA |
The target for the next interruption to the trend was at 3,415. Upwards movement has fallen 21.48 points short of this target. Summary: The trend is up. Consolidations and pullbacks may last a few weeks but should be viewed in the bigger context of an ongoing bull...
by Lara | Jan 27, 2020 | S&P 500, S&P 500 + DJIA |
A pullback or consolidation was expected to begin. A strong downwards day exactly fits expectations. Summary: A pullback or consolidation has begun. It may continue now through to the end of next week and possibly a little longer. Support is expected to be about...
by Lara | Dec 27, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continued throughout this week as expected. Summary: Assume the trend remains the same until proven otherwise. Assume more upwards movement to the next short-term target at 3,268. If price makes a new low now below 3,220.51, then assume minor wave 4...
by Lara | Dec 3, 2019 | S&P 500, S&P 500 + DJIA |
A more time consuming correction was expected to have begun after yesterday’s downwards movement. Downwards movement was expected to continue although it has reached below expected support at 3,081. Summary: Minor wave 4 may continue for about two weeks or so...
by Lara | Nov 8, 2019 | S&P 500, S&P 500 + DJIA |
The S&P 500 has continued to make new highs this week exactly as the Elliott wave count expected. There is underlying strength in this market with rising breadth and new all time highs from On Balance Volume. Elliott wave targets remain the same. Summary:...
by Lara | Oct 16, 2019 | S&P 500, S&P 500 + DJIA |
A very little downwards movement was expected for the short term. A small range inside day mostly fits the expecation. Summary: For the very short term, a little downwards movement to about 2,968 or 2,947 may continue tomorrow. Thereafter, the upwards trend may...
