by Lara | Oct 14, 2017 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected from the main hourly Elliott wave count and from the summary in last analysis. Summary: The correction may be over; while price remains above 2,548.31 now, this should be the expectation. The next target is at 2,602 to 2,614....
by Lara | Sep 21, 2017 | S&P 500, S&P 500 + DJIA |
An inside day remains above the invalidation point on the hourly Elliott wave chart. Summary: Classic technical analysis remains very bullish for the mid term. The next target is now at 2,526 to 2,533. It may be met in another 5 sessions. In the short term, price is...
by Lara | Jul 26, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis was clear: the trend is still up. A new all time high was therefore expected as most likely. Summary: The trend is up. Trading with the trend is the safest approach for your account. Use corrections as an opportunity to join the trend. The last open gap...
by Lara | Jun 5, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Price has moved sideways to print a red daily candlestick. Summary: The target for a third wave is met and the structure is complete. If price keeps rising, then use the classic target at 2,448. This target is very close to a new...
by Lara | Mar 9, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement is again unfolding as the Elliott wave count and classic technical analysis expected. Summary: Some confidence today is had in the wave count with a breach of the Elliott channel. A deeper pullback looks very likely now to have arrived. It may last...
by Lara | Dec 23, 2016 | S&P 500, S&P 500 + DJIA |
Another very small range day moved price essentially sideways fitting the Elliott wave count for the short term. Two hourly Elliott wave counts are provided to end the year, with the one daily Elliott wave count remaining the same. Summary: A small pennant pattern may...
by Lara | Nov 29, 2016 | S&P 500, S&P 500 + DJIA |
Price remains above the invalidation point on the hourly Elliott wave count. The small downwards movement for today still fits with overall expectations. Summary: An upwards trend is in place. Corrections are an opportunity to join the trend. A sideways correction is...
by Lara | Nov 8, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement to a short term target at 2,139.50 was expected. Upwards movement did unfold, but reached 7.37 points above the target. Summary: Volume does not support this upwards movement, and there is some regular bearish divergence between price and the AD line...
by Lara | Oct 27, 2016 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis expected Wednesday’s session to begin with a little downwards movement to end close to 2,140. Thereafter, it was expected that price would turn upwards. The low for the session was 2,131.59. The session closed green although it made a...