by Lara | Jun 17, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 17, 2020 Downwards movement was expected to resume. While price moved mostly sideways for the session, it did move lower in the last couple of hours. Summary: The bounce may be over. Downwards movement...
by Lara | May 29, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 29, 2020 The first target has been exceeded. Now attention turns to the second target. Summary: The next target is at 3,238. Use the lower edge of the Elliott channel to indicate where support may be...
by Lara | May 22, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 22, 2020 Price remains above identified support. The Elliott wave targets remain the same. Summary: Targets remain at 3,058 or 3,238. Use the lower edge of the redrawn Elliott channel to indicate where...
by Lara | May 5, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 5, 2020 Analysis now expects that a B wave within a B wave has begun. A consolidation is expected to continue; the Elliott wave count suggests the breakout direction. Summary: A downwards or sideways...
by Lara | Apr 29, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 29, 2020 A short-term target was at 2,956. Today more upwards movement has reached up to 2,954.86, just 1.14 points short of the target. Summary: A downwards or sideways movement may develop here,...
by Lara | Apr 6, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 6, 2020 A close today above a multi-year trend channel suggests one of the four short-term Elliott wave counts is more likely. Summary: The bounce may end about 2,934 in a few more days to a couple of...
by Lara | Mar 17, 2020 | S&P 500, S&P 500 + DJIA |
A lower low and a lower high fits the definition of downwards movement, but the session spent most of the time moving price higher. The Elliott wave counts remain the same. Summary: A short-term target at 2,173 may be about where a bounce or consolidation may begin....
by Lara | Mar 11, 2020 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
A new low below 2,728.81 has indicated a deeper pullback to end about the lower edge of a multi-year trend channel. Summary: Downwards movement has now retraced just over 20% of market value (high to low). This now meets the technical definition of a bear market....
by Lara | Feb 21, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Friday’s session, which is exactly what has happened. The Elliott wave count uses structure and alternation to indicate where price may find support and how long a correction may last. Summary: The trend is up. Consolidations...
