by Lara | Mar 26, 2018 | S&P 500, S&P 500 + DJIA |
More downwards movement to a target at 2,565 – 2,566 was expected before a trend change, but the trend change has arrived earlier than expected. There is strong support at the 200 day moving average. Summary: The target for upwards movement now as most likely is...
by Lara | Mar 8, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded for Thursday’s session as expected. A new short term target is calculated at two wave degrees. Summary: Expect now for the short term a little more upwards movement to end about 2,754- 2,758. Thereafter, look for a few days of...
by Lara | Mar 5, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded as expected for Monday’s session. The second target was almost reached. Summary: Look first for a breach of the yellow best fit channel on the hourly chart. When price breaks below that channel, then expect a few days of downwards...
by Lara | Feb 17, 2018 | S&P 500, S&P 500 + DJIA |
Another upwards day has completed as expected. Short term indications from volume and Friday’s candlestick signal what may happen for the start of the new trading week. Summary: The next target is at 3,020. Look out for a second wave correction early next week...
by Lara | Feb 12, 2018 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Price has moved higher for Monday, which is exactly what was expected from last analysis. Summary: The next target is at 3,020. In the short term, look for a pullback tomorrow for a second wave correction. The pullback may find support now about the upper edge of the...
by Lara | Jan 24, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement during the last session bounced upwards almost exactly at the support line on the hourly chart, offering members another entry opportunity to join the trend. Summary: The trend is up and strong. Corrections are an opportunity to join the trend. The...
by Lara | Sep 25, 2017 | S&P 500, S&P 500 + DJIA |
Price moved lower to break below the very close by invalidation point on the hourly chart. Summary: On Balance Volume and the AD line remain very bullish, supporting the main Elliott wave count. The next target is now at 2,521 to 2,526. It may be met in another 3...
by Lara | May 23, 2017 | S&P 500, S&P 500 + DJIA |
A red daily candlestick was expected for Tuesday’s session, buy this is not what happened. Price moved slightly higher to complete a small green candlestick. Summary: Always assume the trend remains the same until proven otherwise. Assume the bull market remains...
by Lara | Apr 19, 2017 | S&P 500, S&P 500 + DJIA |
Price continues to move sideways supporting the alternate Elliott wave count. Both wave counts remain valid. Summary: The main wave count still expects a deeper pullback here to 2,299 – 2,297, which may be reached in a very few days. An alternate expects...
