by Lara | Apr 24, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the short term. Price remains just below the invalidation area for the Elliott wave count. Summary: The Elliott wave count expects this potential breakout is false, that price will move lower for at least a few days in choppy...
by Lara | Apr 15, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis expected that the S&P was now in a primary degree pullback to continue lower. To end the short trading week, Thursday saw price move lower as expected. Summary: A new target is calculated at two degrees for this pullback to end: 2,299 – 2,297....
by Lara | Apr 10, 2017 | S&P 500, S&P 500 + DJIA |
Price remains range bound again today. The longer price remains coiled between resistance and support, the closer and more violent the breakout will be. Summary: The main wave count expects an upwards breakout. The alternate expects a downwards breakout. There is a...
by Lara | Feb 14, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected. A very bearish alternate (which was judged to have a very low probability) has been invalidated today. This adds confidence to the main Elliott wave count and the targets. Summary: The short term target at 2,338 has almost been...
by Lara | Feb 1, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday’s session, and that is what has happened. The main Elliott wave count remains the same and the alternate Elliott wave count remains possible. Summary: Again, it is increasingly likely today that the next wave up has...
by Lara | Dec 1, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Thursday’s session. The target at 2,190 was met and exceeded so far by 2.56 points. Summary: The main wave count now expects upwards movement here for a fifth wave to end a third wave. The target is at 2,226 – 2,227....
by Lara | Nov 12, 2016 | S&P 500, S&P 500 + DJIA |
An inside day began with downwards movement, as expected, but the target was not reached. Summary: A correction down to about 2,120 and the lilac trend line is expected next week. Use this as an opportunity to join the trend for a third wave up. Volume strongly...
by Lara | Nov 10, 2016 | S&P 500, S&P 500 + DJIA |
A red long legged doji for today’s session indicates indecision, a balance between bulls and bears. This mostly fits expectations; this session was expected to produce a small red daily candlestick. Summary: Tomorrow may begin with some downwards movement to a...
by Lara | Oct 15, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday’s session. The session made a higher high and a higher low, but it closed with a red candlestick. Summary: Price may move lower to complete a second wave correction on Monday, and this is supported by short term...
