by Lara | Oct 29, 2018 | S&P 500, S&P 500 + DJIA |
Another new low indicated further downwards movement. The target is not yet met. Three short-term Elliott wave counts are provided today. Summary: A new breakout of the blue Elliott / best fit channel and then a new high above 2,706.85 would indicate a low would most...
by Lara | Oct 23, 2018 | S&P 500, S&P 500 + DJIA |
More downwards movement to a target at 2,698 was expected. The low for Monday at 2,691.43 is 6.57 points below the target. Summary: It looks most likely that a multi week bounce may begin here. It may end above 2,890, and may be as high as 2,916. This view has support...
by Lara | Sep 28, 2018 | S&P 500, S&P 500 + DJIA |
It was expected for Friday that price may move lower, which is what happened. Summary: At this stage, it would be best to let price tell us if primary wave 3 is over or not. Long upper candlestick wicks and a bearish short term volume profile support the idea that...
by Lara | Sep 24, 2018 | S&P 500, S&P 500 + DJIA |
A test of support about 2,912 was expected to begin the new trading week, which is exactly what has happened. Summary: Upwards movement is expected to resume tomorrow. The short term target for the next pullback to arrive is about 2,957. The invalidation point is at...
by Lara | Sep 5, 2018 | S&P 500, S&P 500 + DJIA |
Identified support at the last gap remains open today, but only just. A clear price point is given to members, which will indicate a change from bull to bear if it is passed. Summary: The trend is up. Assume the trend remains the same while price remains above...
by Lara | Aug 30, 2018 | S&P 500, S&P 500 + DJIA |
Today’s small shallow correction fits the overall expectation of the main Elliott wave count. Summary: The trend is up. Assume the trend remains the same until proven otherwise. The last gap may be a breakaway gap, which may offer support at 2,876.16. Gaps can...
by Lara | Aug 13, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement continued for Monday exactly as was expected for the short term from last Friday’s analysis. Summary: Today’s bearish daily candlestick along with bearish divergence between price and both of inverted VIX and the AD line indicate this...
by Lara | Aug 7, 2018 | S&P 500, S&P 500 + DJIA |
Today’s signals from On Balance Volume, the AD line and VIX all point to the same direction for price next. Three short term Elliott wave counts are provided for members to consider all possibilities. Summary: A Shooting Star reversal candlestick pattern appears...
by Lara | Jul 19, 2018 | S&P 500, S&P 500 + DJIA, Trading Tips |
A small pullback remains above the short term invalidation point. The AD line gives a signal today. Summary: Overall, expect upwards movement to continue. On Balance Volume remains very bullish, and there is bullish divergence today between price and the AD line. The...
