by Lara | Jun 3, 2019 | S&P 500, S&P 500 + DJIA |
The first target at 2,739 to 2,738 was passed. The next target at 2,722 has not quite been met. Today the AD line and Lowry’s data is used to indicate the most likely next direction for tomorrow. Summary: The low of December 2018 is expected to most likely...
by Lara | May 9, 2019 | S&P 500, S&P 500 + DJIA |
More downwards movement was expected for the session to reach the lower edge of a channel. The channel was overshot and price quickly reversed to close back within it. This is mostly what was expected. Summary: The upwards trend may now resume. The final target...
by Lara | Apr 15, 2019 | S&P 500, S&P 500 + DJIA |
A small range downwards day saw price move mostly sideways. Price remains above the Elliott wave invalidation points and within the channel. Targets remain the same. Summary: The next target for a pullback or consolidation to begin is now at 2,918. The upwards trend...
by Lara | Mar 21, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues towards the targets. Summary: A close above resistance at 2,815 (November 2018 highs) on an upwards day with support from volume is a classic upwards breakout. A third wave up may now gather strength. A new short-term target is calculated at...
by Lara | Feb 26, 2019 | S&P 500, S&P 500 + DJIA |
A little downwards movement sees price remain within the channel on the daily chart. Summary: The bigger picture still expects that a low may now be in place. The final target is at 3,045 with a limit at 3,477.39. Along the way up to the final target, two large...
by Lara | Jan 31, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues exactly as expected towards the targets. Summary: The target for more upwards movement is at 2,804 (Elliott wave) or 2,881 (classic analysis). At about one of these targets a large pullback for a second wave at primary degree may begin. For...