by Lara | Oct 9, 2019 | S&P 500, S&P 500 + DJIA |
Both wave counts remain valid and technical analysis still supports the main wave count. Summary: For the very short term, this pullback may end tomorrow or in a very few days about 2,890. Thereafter, the upwards trend may resume. The next target is at 3,120. Further...
by Lara | Sep 16, 2019 | S&P 500, S&P 500 + DJIA |
A short-term target for a little more downwards movement was at 2,981. The low for Monday has reached 2,990.67. Members were warned that the short-term target may have been a little too low. Summary: The upwards trend may now resume to new all time highs. The next...
by Lara | Aug 21, 2019 | S&P 500, S&P 500 + DJIA |
Another very small range day with price closing within a consolidation zone leaves the Elliott wave analysis the same. Summary: Conditions are still suggesting a sustainable low may be in place. The next target is 3,120. A new low below 2,822.12 would indicate a...
by Lara | Jul 26, 2019 | S&P 500, S&P 500 + DJIA |
The middle of a third wave may be unfolding as expected. Elliott wave targets remain the same. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A mid-term target for a third wave at intermediate degree is at 3,148. Use the best fit...
by Lara | Jul 3, 2019 | S&P 500, S&P 500 + DJIA |
The upwards trend was expected to resume with strength this week, which is exactly what is happening so far. The Elliott wave count targets remain the same. Summary: Strength in this upwards trend may be expected to continue for a while yet. The next short-term target...
by Lara | Jun 7, 2019 | S&P 500, S&P 500 + DJIA |
The week has ended strongly. A low was called tentatively on the 3rd of June, and the first confidence point at 2,799 was passed on the next day. Thereafter, price has continued higher this week as expected. Summary: The low of December 2018 is expected to most likely...
by Lara | May 15, 2019 | S&P 500, S&P 500 + DJIA |
For the very short term, a small bounce or sideways consolidation was expected to continue. A slightly higher high and higher low fits this expectation perfectly. Summary: For the very short term, a sideways consolidation may now continue for a few sessions. Within...
by Lara | Apr 22, 2019 | S&P 500, S&P 500 + DJIA |
A small range day closes with price range bound. This meets the overall expectation for the Elliott wave count for the short term. Summary: A consolidation may unfold here that may be shallow and short lived. It may now end in another one or two sessions about 2,890....
by Lara | Mar 27, 2019 | S&P 500, S&P 500 + DJIA |
Price moved lower but remains above the last short-term low and the short-term invalidation point on the hourly chart. Summary: The upwards trend should resume. The mid-term target remains the same at 3,010. The final target remains the same at 3,045. Only a new low...
