by Lara | Apr 9, 2017 | S&P 500, S&P 500 + DJIA |
A breakout was expected for Friday but did not happen. An inside day was completed. Price remains range bound for this market. Summary: The main wave count expects an upwards breakout. The alternate expects a downwards breakout. There is a little more support for the...
by Lara | Mar 30, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the Elliott wave count expects overall at the daily chart level. Summary: The next wave up to a target at 2,455 may have begun. The invalidation point is at 2,322.25. When a five up for minute wave i is complete, then a three down for...
by Lara | Mar 22, 2017 | S&P 500, S&P 500 + DJIA |
Price moved a little lower before bouncing upwards to close green at the end of the session. Summary: It is still fairly likely that a low is in place. There is further divergence today with price and the AD line, and price seems to be congested at multiple support...
by Lara | Mar 2, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement for the day remains above the invalidation point and the breakaway gap is offering support. Volume analysis today may help to determine the direction for tomorrow. Summary: The picture is very bullish. Volume and divergence with VIX and the AD line...
by Lara | Feb 27, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was not expected for Monday. The main Elliott wave count expected downwards movement for the session. The current situation has multiple possibilities and for members today three hourly Elliott wave counts are again presented along with some cautious...
by Lara | Feb 23, 2017 | S&P 500, S&P 500 + DJIA |
A red daily candlestick with a long lower wick makes the Elliott wave count have a better look now at the daily chart level. Summary: The target at minor degree is recalculated to 2,399. Persistent divergence with price and vix, and now today with price and the AD...
by Lara | Feb 22, 2017 | S&P 500, S&P 500 + DJIA |
A small sideways day sees the Elliott wave count slightly adjusted, which effects the target zone. An alternate hourly Elliott wave count is provided today just in case. Summary: The target for this upwards wave to end can now be calculated at two degrees as a range...
by Lara | Feb 8, 2017 | S&P 500, S&P 500 + DJIA |
Price moved lower today with a lower low and lower high, but the session closed strongly printing a green daily candlestick. The balance of volume was upwards. On Balance Volume gives a reasonable signal, but there has not yet been a breakout from a consolidation....
by Lara | Jan 28, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
Careful analysis of volume, On Balance Volume, and VIX may assist to find an entry to join the current trend. Summary: Price has broken out upwards from a flag pattern. A target using the measured rule is 2,323 and an Elliott wave target is 2,382. Monday, and maybe...
