by Lara | Nov 2, 2017 | S&P 500, S&P 500 + DJIA |
For the short term, a small pullback was expected at the hourly chart level before price turned and moved upwards again. This is exactly what has happened for Thursday’s session. Summary: The Elliott wave target is at 2,616 and a target from a small pennant...
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 | Sep 21, 2017 | S&P 500, S&P 500 + DJIA |
An inside day remains above the invalidation point on the hourly Elliott wave chart. Summary: Classic technical analysis remains very bullish for the mid term. The next target is now at 2,526 to 2,533. It may be met in another 5 sessions. In the short term, price is...
by Lara | Jul 26, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis was clear: the trend is still up. A new all time high was therefore expected as most likely. Summary: The trend is up. Trading with the trend is the safest approach for your account. Use corrections as an opportunity to join the trend. The last open gap...
by Lara | Jun 24, 2017 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected upwards movement. This happened at the end of the session for the candlestick to close green, but a lower low and a lower high for the session saw price overall move down from the prior day. Summary: Assume the trend remains the...
by Lara | Jun 5, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Price has moved sideways to print a red daily candlestick. Summary: The target for a third wave is met and the structure is complete. If price keeps rising, then use the classic target at 2,448. This target is very close to a new...
by Lara | Mar 9, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement is again unfolding as the Elliott wave count and classic technical analysis expected. Summary: Some confidence today is had in the wave count with a breach of the Elliott channel. A deeper pullback looks very likely now to have arrived. It may last...
