by Lara | Feb 24, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday due to bullish signals from the AD line and VIX. A strong upwards day fits the expectation nicely. Summary: The larger trend is up. The next target is at 3,020. The next short term target is at 2,920. Expect upwards movement...
by Lara | Feb 3, 2018 | S&P 500, S&P 500 + DJIA |
A correction was expected to be incomplete and continue for a few more days. The first target at 2,796 was met and passed. The second target has not yet been met. Summary: Expect more downwards movement to begin next week. The target is at 2,749. In the short term, a...
by Lara | Dec 2, 2017 | S&P 500, S&P 500 + DJIA |
For the very short term, the hourly Elliott wave analysis expected a pullback for a small fourth wave. With price remaining above first wave price territory, all Elliott wave rules are met and the wave count has the right look. The pullback for Friday was almost...
by Lara | Oct 17, 2017 | S&P 500, S&P 500 + DJIA |
Bearish divergence continues today, which supports the expectation of a pullback. Summary: Bearish divergence continues with the AD line and VIX, so for this reason the expectation of a pullback beginning here will remain. While the trend remains up, look out for at...
by Lara | Oct 5, 2017 | S&P 500, S&P 500 + DJIA |
A new high in the first hour of the session gave confidence to a target at 2,548 to 2,550. Upwards movement for the session reached 2,552.51. Summary: Assume the trend remains up while price remains within the violet channel on the hourly charts. The new target is now...
by Lara | Sep 5, 2017 | S&P 500, S&P 500 + DJIA |
A downwards swing was expected to begin the week. This is exactly what has happened. Summary: With the last wave up now looking very much like a three, have some confidence that primary wave 4 is underway. Look for price to move either sideways or lower with a lot of...
by Lara | Aug 28, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
Bearish divergence noted in last analysis between price and breadth and price and volatility has been followed by a downwards day. This was expected. Summary: The bigger picture sees the S&P now in a primary degree pullback to last a minimum of 8 weeks and find...
by Lara | Aug 17, 2017 | S&P 500, S&P 500 + DJIA |
The first hour of the session saw a break below the channel on the hourly Elliott wave charts. At that stage, downwards movement was expected, and an increase in downwards momentum was also expected. So far price is fulfilling those expectations. Summary: The short...
by Lara | Aug 10, 2017 | S&P 500, S&P 500 + DJIA |
A new low below 2,462.17 in the first hour of the session added confidence to the Elliott wave count which expected a deeper pullback was in the early stages. The target for it to end and the expectation for how long it may last will remain the same for now. Summary:...
