by Lara | Feb 14, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected. A very bearish alternate (which was judged to have a very low probability) has been invalidated today. This adds confidence to the main Elliott wave count and the targets. Summary: The short term target at 2,338 has almost been...
by Lara | Feb 13, 2017 | S&P 500, S&P 500 + DJIA |
Again, upwards movement continues as the main Elliott wave count expects. And the very bearish alternate Elliott wave count remains just viable. Summary: The target is 2,338 for the short term and 2,382 for a longer term trade. Price should find strong support about...
by Lara | Feb 11, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the main Elliott wave count expects. The very bearish alternate Elliott wave count remains viable. Summary: The target is 2,338 for the short term and 2,382 for a longer term trade. In the short term, a small correction for minute iv may...
by Lara | Feb 9, 2017 | S&P 500, S&P 500 + DJIA |
A new all time high confirms the main Elliott wave count and invalidates one alternate. Some more confidence may now be had in the targets. Summary: The target is 2,338 for the short term and 2,382 for a longer term trade. The invalidation point is moved up today to...
by Lara | Jan 30, 2017 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected for Monday’s session, which is what has happened. Summary: The situation is quite mixed today for the S&P, but on balance my judgement is that today’s downwards movement may present an opportunity to enter...
by Lara | Jan 23, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but it remains within the prior range of sideways movement. There has been no breakout yet. Summary: Some downwards movement to find support at the lilac / purple trend line is expected. If this correction ends in a total Fibonacci 34...
by Lara | Jan 13, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was again expected, but this time did not eventuate for Friday. Price moved higher but did not make a new high, and volume was weaker. Note: NYSE is closed on Monday, so there will be no new price action from BarChart to analyse. Next analysis of...
by Lara | Dec 23, 2016 | S&P 500, S&P 500 + DJIA |
Another very small range day moved price essentially sideways fitting the Elliott wave count for the short term. Two hourly Elliott wave counts are provided to end the year, with the one daily Elliott wave count remaining the same. Summary: A small pennant pattern may...
by Lara | Dec 22, 2016 | S&P 500, S&P 500 + DJIA |
Another downwards day remains within the range of recent movement. The short term Elliott wave structure at the hourly chart level is relabelled, and the Elliott wave target remains the same. Summary: A small pennant pattern may be completing, the target would be...
