by Lara | Oct 31, 2016 | S&P 500, S&P 500 + DJIA |
A small inside day printed a small red doji candlestick. The Elliott wave counts remain the same. Some divergence today is noted between price and the AD line, and between price and VIX. This may assist to indicate the direction for tomorrow. Summary: Upwards movement...
by Lara | Oct 27, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for a green daily candlestick for Thursday’s session. The session had a higher high and a higher low, but closed red. Summary: There is conflicting evidence today from bullish divergence between price and VIX and the AD line, and a...
by Lara | Oct 6, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement was expected for Thursday’s session, which is essentially what has happened. Summary: In the short term, tomorrow may print a red daily candlestick. Overall sideways movement for tomorrow and the day after may complete a triangle, which should...
by Lara | Oct 5, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement breached the invalidation point on the hourly chart, which was very close by at 2,154.77. The short term structure is changed. Summary: Sideways movement for another few days may complete a triangle, which should break out downwards for a short sharp...
by Lara | Sep 29, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Yesterday’s analysis was indecisive. The preferred Elliott wave count required downwards movement, but volume suggested this might not happen. Price did move lower. The preferred Elliott wave count now looks right and on track. Summary: Tomorrow should see...
by Lara | Sep 27, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday’s session. This is what happened. Summary: The next two or three sessions may be very choppy and overlapping. Support from volume suggests overall upwards movement tomorrow. The target for the mid term remains at 2,233....
by Lara | Sep 26, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Monday’s session to about 2,155. Monday did move price lower, but it was more than expected closing at 2,146. Summary: One to three days of choppy overlapping upwards movement is expected to end about 2,166. Thereafter, one to...
by Lara | Sep 24, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Friday’s session and is exactly what happened. Summary: One more day of downwards movement to about 2,155 may be expected. Thereafter, price should move higher. It is possible that in the next one to few weeks this market may...
by Lara | Sep 12, 2016 | S&P 500, S&P 500 + DJIA |
The short term expectation for Monday was for a little downwards movement to a target at 2,122 before a turn and upwards movement. The low for Monday was 2,119.12, 2.88 points below the target. Summary: Friday’s 90% down day is likely to be followed by at least...
