by Lara | Sep 11, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues exactly as expected. Today the Elliott wave analysis has strong support from the AD line and On Balance Volume. Summary: The next target is 3,120. Classic analysis very strongly supports this main wave count. The biggest picture, Grand Super...
by Lara | Aug 17, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, a small amount of upwards movement to either 2,871 or 2,898 was expected for Friday. Upwards movement reached 2,893.63. Summary: Two short to mid-term bearish wave counts (main daily chart and alternate daily chart) expect a very little upwards...
by Lara | Jul 23, 2019 | S&P 500, S&P 500 + DJIA |
An upwards day fits both Elliott wave counts. Price remains below the invalidation / confidence point. Summary: A deeper and more time consuming correction may reach to 2,839 or below. This has support from some bearish divergence between price and all of the AD line,...
by Lara | Jun 27, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, a little more downwards movement was expected. Price has moved sideways in a very small range for the session, which overall fits the Elliott wave count. Summary: For the very short term, price may move a little more sideways and then lower to...
by Lara | Jun 4, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave and technical analysis expected the pullback may have ended and a third wave up may have begun. A strong upwards day exactly fits this expectation. The target for a third wave remains the same. Summary: The low of December 2018 is...
by Lara | May 10, 2019 | S&P 500, S&P 500 + DJIA |
Price closed back within the channel and remains above the invalidation point. Summary: The upwards trend may now resume. The final target remains the same at 3,045. A new limit for this fifth wave to end is now at 3,057.25. The biggest picture, Grand Super Cycle...
by Lara | Apr 16, 2019 | S&P 500, S&P 500 + DJIA |
A short-term target for a pullback or consolidation was 2,918. Today’s high at 2,916.06 is just 1.94 points short of the target. Summary: The upwards trend remains intact. A consolidation may unfold here that may be shallow and short lived. The final target...
by Lara | Mar 22, 2019 | S&P 500, S&P 500 + DJIA |
While the short-term invalidation point on the hourly chart was breached on Friday, the larger picture remains mostly the same and has support from classic technical analysis. Summary: For the very short term, Monday may see a little more downwards movement. The...
by Lara | Feb 27, 2019 | S&P 500, S&P 500 + DJIA |
Today both inverted VIX and the AD line give signals for the next direction of price tomorrow. 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...
