by Lara | Sep 3, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected for Friday, but it was not expected to move above 2,183.48. Summary: A little downwards movement to end above 2,157.09 is now expected to complete this consolidation, and it may end in just one day. Thereafter, it is expected...
by Lara | Sep 1, 2016 | S&P 500, S&P 500 + DJIA |
Overall downwards movement was again expected. Summary: Price may move a little higher tomorrow. There is divergence between price and VIX and the AD line suggests one or two days of upwards movement. Thereafter, some more downwards movement may be expected. Overall,...
by Lara | Aug 31, 2016 | S&P 500, S&P 500 + DJIA |
Overall downwards movement was expected. Summary: Overall, this week and maybe also next week should continue with downwards movement to end about 2,147.58. Downwards movement may be choppy, overlapping, and take its time. Last monthly chart for the main wave count is...
by Lara | Aug 25, 2016 | S&P 500, S&P 500 + DJIA |
Price moved sideways to complete another small daily doji candlestick. Both Elliott wave counts remain valid. The S&P is today giving conflicting signals from volume, On Balance Volume, and VIX. Summary: On Balance Volume today is giving a bearish signal and VIX...
by Lara | Aug 23, 2016 | S&P 500, S&P 500 + DJIA |
A short sharp thrust down was expected before price turned upwards, but this is not what happened. Price moved upwards at the start of the session. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. The...
by Lara | Aug 22, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price moved sideways to print a small green doji daily candlestick. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. The mid term targets are 2,332 or 2,445. If price...
by Lara | Aug 20, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected for Friday’s session. Price moved overall sideways, the low remaining comfortably above the invalidation point on the hourly Elliott wave chart. Summary: The trend remains the same, until proven otherwise. Assume the trend is...
by Lara | Aug 18, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Thursday’s session. A new high and a small green daily candlestick fits the expectations nicely. On Balance Volume is giving a strong signal today. Summary: The trend remains the same, until proven otherwise. Assume the trend is...
by Lara | Aug 17, 2016 | S&P 500, S&P 500 + DJIA |
Short term downwards movement to a target at 2,162 – 2,159 was expected before more upwards movement. Price moved lower as expected falling 6.5 points short of the target before turning strongly upwards to close above the open and print a green daily...
