by Lara | Sep 12, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the main Elliott wave count expects. The alternate Elliott wave count remains valid, but it has less support from classic technical analysis, so it is judged to have a lower probability. Summary: The pullback looks like it is over. There...
by Lara | Aug 20, 2018 | S&P 500, S&P 500 + DJIA |
A very small upwards day fits short term expectations exactly. The main Elliott wave count remains the same and has support from the short term volume profile. Summary: Look for a final small pullback that may take one to three days to unfold and may end about 2,824....
by Lara | Jul 26, 2018 | S&P 500, S&P 500 + DJIA |
A small inside day gives a candlestick pattern that may suggest short term movement for the next one to very few sessions. Another signal today from the AD line adds confidence to the Elliott wave count at the daily chart level and the bigger picture. Summary: A new...
by Lara | Jul 6, 2018 | S&P 500, S&P 500 + DJIA |
A strong upwards day exactly fits expectations from the Elliott wave count. At the end of the week, there is strong support for the Elliott wave count from the AD line and On Balance Volume. Summary: The AD line and On Balance Volume both make new all time highs. It...
by Lara | Jun 6, 2018 | S&P 500, S&P 500 + DJIA |
A strong upwards day fits expectations perfectly. The Elliott wave count has good support from classic technical analysis. Summary: The short term target is at 2,824 or 2,915. The mid to longer term target is at 2,922. The final target for this bull market to end...
by Lara | May 4, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis again expected upwards movement, which is exactly how the week ended, with a strong green candlestick for Friday. Summary: The target is now at 2,922. Traders with a lower risk appetite may set stops just below yesterday’s low. For those...
by Lara | Apr 7, 2018 | S&P 500, S&P 500 + DJIA |
A pullback within an upwards swing was expected, but it arrived a day or so earlier. Price remains above the invalidation point. Summary: The upwards swing should continue next week. The first target is at 2,705. If price keeps rising through the first target, then...
by Lara | Mar 20, 2018 | S&P 500, S&P 500 + DJIA |
A small inside day does not change the Elliott wave count. Four hourly charts are published today to separate out four different ideas. Summary: Bottom line: Expect price to continue lower while it remains within the best fit channel on the hourly charts. This view is...
by Lara | Mar 15, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement continues as expected. A new alternate idea is published today. Summary: Look for a slight new low which may begin tomorrow’s session, and then look out for a bounce. Downwards movement is weakening and inverted VIX today gives a bullish...
