by Lara | Nov 13, 2017 | S&P 500, S&P 500 + DJIA |
Price has moved slightly higher, to complete an outside day, and remains within the invalidation point for the new main Elliott wave count. Summary: The target for a multi day pullback is now about 2,539. Today, this is supported by bearish divergence with price and...
by Lara | Nov 3, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement continues exactly as the main Elliott wave count and classic technical analysis expected. On Balance Volume continues to be very bullish. The targets remain the same. Summary: The Elliott wave target is at 2,616 and a target from a small pennant...
by Lara | Oct 11, 2017 | S&P 500, S&P 500 + DJIA |
Price has moved higher during Wednesday’s session. Summary: The correction may be over; while price remains above 2,544.86, this should be the expectation. The next target is at 2,602 to 2,614. Bullishness today from volume, On Balance Volume, and rising market...
by Lara | Sep 23, 2017 | S&P 500, S&P 500 + DJIA |
It was expected that the downside for price was limited. A very slight new low for the session perfectly fits this expectation. Summary: On Balance Volume and the AD line remain very bullish, supporting the main Elliott wave count. The next target is now at 2,526 to...
by Lara | Jul 28, 2017 | S&P 500, S&P 500 + DJIA |
The first target at 2,481 to 2,482 was met and passed by 2 points early in the session. Summary: We should always assume the trend remains the same until proven otherwise. While it is possible today that primary wave 3 may be over, assume that it may continue higher...
by Lara | Jun 6, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Another red daily candlestick has made a new low. Summary: While price remains above 2,418.71, then expect it is more likely that this downwards movement is a smaller pullback within an ongoing upwards trend. The target is now at 2,454...
by Lara | Apr 25, 2017 | S&P 500, S&P 500 + DJIA |
It looks like price has broken upwards out of a symmetrical triangle. Some trading advice on how to use gaps is offered today to members. Summary: Members with long positions may pull stops up to the lower edge of today’s gap at 2,374.15. A small pullback may...
by Lara | Feb 13, 2017 | S&P 500, S&P 500 + DJIA |
Again, upwards movement continues as the main Elliott wave count expects. And the very bearish alternate Elliott wave count remains just viable. Summary: The target is 2,338 for the short term and 2,382 for a longer term trade. Price should find strong support about...