by Lara | Oct 16, 2017 | S&P 500, S&P 500 + DJIA |
A new all time high to begin the new trading week continues the upwards trend, which is what the last Elliott wave and volume analysis expected. Summary: There is bearish divergence today with price and the AD line, RSI, Stochastics and volatility. While the trend...
by Lara | Oct 14, 2017 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected from the main hourly Elliott wave count and from the summary in last analysis. Summary: The correction may be over; while price remains above 2,548.31 now, this should be the expectation. The next target is at 2,602 to 2,614....
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 | Oct 10, 2017 | S&P 500, S&P 500 + DJIA |
For the very short term, a little upwards movement was expected for Tuesday’s session and this is what has happened. Tuesday put in a higher high and a higher low, closing as a doji, which is entirely normal within a correction. Summary: Two or five days of...
by Lara | Oct 5, 2017 | S&P 500, S&P 500 + DJIA |
A new high in the first hour of the session gave confidence to a target at 2,548 to 2,550. Upwards movement for the session reached 2,552.51. Summary: Assume the trend remains up while price remains within the violet channel on the hourly charts. The new target is now...
by Lara | Sep 28, 2017 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expects more upwards movement, and it has strong support from classic technical analysis, particularly a very bullish On Balance Volume and rising market breadth. Summary: On Balance Volume and the AD line remain very bullish, supporting...
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 | Sep 20, 2017 | S&P 500, S&P 500 + DJIA |
Another new high was expected, but the sharp pullback during Wednesday’s session was not expected. Price remains well above the invalidation point on the hourly Elliott wave count. On Balance Volume and the AD line give strong clues today as to what to expect...
by Lara | Aug 28, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
Bearish divergence noted in last analysis between price and breadth and price and volatility has been followed by a downwards day. This was expected. Summary: The bigger picture sees the S&P now in a primary degree pullback to last a minimum of 8 weeks and find...