by Lara | Feb 5, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – February 5, 2021 This week upwards movement has continued as expected towards the target zone. About that zone a multi-week consolidation or pullback may occur before the market continues higher. This...
by Lara | Jan 12, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – January 12, 2021 Another doji daily candlestick completes what looks like another typical small back test of support. Three Elliott wave counts remain valid. They are presented in order of probability....
by Lara | Dec 16, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – December 16, 2020 Another upwards day is what the main Elliott wave count expected. Summary: The wave count expects the low of the 30th of October to not be breached for many months or years. A new mid-term...
by Lara | Nov 23, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – November 23, 2020 Another small range day has underlying strength, which supports the Elliott wave count. Summary: The main wave count expects the low of the 30th of October to not be breached. The target is...
by Lara | Oct 29, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – October 29, 2020 Downwards movement continued a little, but the session then saw upwards movement to end with a close in the green. All three Elliott wave counts remain valid. Summary: While the first wave...
by Lara | Oct 6, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – October 6, 2020 The next short-term target at 3,437 was almost met. Price fell 5.44 points short of the target before turning lower today. Summary: For the mid term, primary wave 2 may not be over. It may...
by Lara | Sep 11, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – September 11, 2020 At the end of the week, signals from VIX and the AD line suggest the direction for price when markets open next week. Summary: For the very short term, this bounce may end about 3,481 but...
by Lara | Aug 18, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – August 18, 2020 A new all time high invalidates the third and fourth wave counts, leaving only two Elliott wave counts. Summary: The trend remains upwards. A trend change may come before 3,432.15. Prior to...
by Lara | Jul 24, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 24, 2020 While both short-term Elliott wave counts remain valid, a channel breach on Friday suggests they may be swapped over. Summary: With the best fit channel breached, it is possible that the bounce...