by Lara | Jun 12, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected a brief shallow pullback. A small range day, closing as a doji candlestick, perfectly fits this expectation with a slightly lower high and slightly lower low. Summary: It looks slightly more likely that this small pullback may continue sideways...
by Lara | May 9, 2018 | S&P 500, S&P 500 + DJIA |
The last main Elliott wave count expected upwards movement to continue. An important trend line has been breached today, and the AD line is very close to providing a major signal. Summary: The target is now at 2,922. Have some confidence that an upwards trend is most...
by Lara | Apr 10, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected, and that is what happened today. The target remains the same. A signal today from On Balance Volume offers a clue as to a likely direction tomorrow for price. Summary: If resistance about 2,670 – 2,675 can be overcome, then...
by Lara | Mar 19, 2018 | S&P 500, S&P 500 + DJIA |
A bounce was expected to continue for one to a few days, before downwards movement resumed, but the bounce was over already and downwards movement resumed a little earlier than anticipated. A target may now be calculated. Summary: The short term target for downwards...
by Lara | Feb 6, 2018 | S&P 500, S&P 500 + DJIA |
Price overshot a support line and has reversed strongly from just below it. Volume, RSI and the AD line today all point to the same direction next. Summary: Today’s classic analysis favours a low in place: a piercing pattern, long lower candlestick wick on the...
by Lara | Jan 18, 2018 | S&P 500, S&P 500 + DJIA |
Sideways movement sees three wave counts still valid. The AD line and VIX are giving signals, and On Balance Volume may provide a signal tomorrow. Summary: Assume the upwards trend may remain intact and the next target for an interruption is at 2,840. Two alternates...
