by Lara | Sep 10, 2018 | S&P 500, S&P 500 + DJIA |
A little upwards movement fits the main Elliott wave count best. Both Elliott wave counts remain valid. Summary: The probability of the bearish wave count must now be considered to have increased: there are now bearish signals from On Balance Volume, VIX and the AD...
by Lara | Aug 16, 2018 | S&P 500, S&P 500 + DJIA |
An upwards day that remains within the current small consolidation zone fits expectations for the main short term Elliott wave count, which expected more sideways movement. Summary: It still looks most likely that price may continue sideways for another two to few...
by Lara | Jul 3, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday’s session. A higher high and a higher low fits the definition of upwards movement, although the candlestick has closed red. Summary: On Balance Volume and the AD line are very bullish, supporting the main Elliott wave...
by Lara | Jun 4, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues exactly as the main Elliott wave count expects. Summary: The short term target is at 2,824 or 2,915. The mid to longer term target is at 2,922. The final target for this bull market to end remains at 3,616. Another strong new all time high...
by Lara | Apr 24, 2018 | S&P 500, S&P 500 + DJIA |
A little upwards movement to a target at 2,694 – 2,696 was expected before a resumption of a pullback. Price did gap higher to complete the Elliott wave structure, but fell short of the target by 10.45 points. Thereafter, downwards movement unfolded as was...
by Lara | Apr 3, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement is exactly what was expected from last analysis. Summary: Expect upwards movement this week. The target is now a range within 2,752 – 2,766. When there is more upwards structure to analyse, then a smaller target may be calculated. Do not expect...
by Lara | Mar 12, 2018 | S&P 500, S&P 500 + DJIA |
Price continues to move higher as last analysis expected. The targets remain the same. Summary: Expect upwards movement to overall continue this week. The target is either 2,845 (classic analysis), 2,869 (Elliott wave) or 3,006 (Elliott wave) for the short term. If...
by Lara | Feb 21, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis expected price to continue to move lower and reach the first target, which is what has happened. Summary: The larger trend is up. The next target is at 3,020. Downwards movement should continue again tomorrow. A new target is at...
by Lara | Jan 11, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s main Elliott wave count expected more upwards movement. Summary: A new all time high adds confidence to the main wave count. The next target is at 2,858, and at about that point a correction to last about two weeks is expected. The trend remains...