by Lara | Dec 11, 2017 | S&P 500, S&P 500 + DJIA |
All three hourly Elliott wave counts remain valid today. Members are given some trading advice on how to handle this uncertainty. If a new all time high is seen tomorrow, then members will have an Elliott wave target to work with. Summary: The main wave count expects...
by Lara | Nov 22, 2017 | S&P 500, S&P 500 + DJIA |
Price is behaving mostly as the new main Elliott wave count expects. Targets remain the same. The AD line gives an important signal today, which will be given weight in the analysis. Summary: The first Elliott wave target is again at 2,614. A target using the measured...
by Lara | Nov 15, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement was overall expected, but it was expected that price should have a short term bounce first. Downwards movement is now choppy and overlapping, suggesting an Elliott wave diagonal may be unfolding. Summary: The target for a multi day pullback is still...
by Lara | Nov 8, 2017 | S&P 500, S&P 500 + DJIA |
The upwards trend continues overall, and classic technical analysis remains very bullish. Members are advised to go with the trend until price proves it is over. Summary: The Elliott wave target is at 2,616 and a target from a small pennant pattern is 2,617. The...
by Lara | Nov 7, 2017 | S&P 500, S&P 500 + DJIA |
A new all time high at the start of the session has been followed by a small pullback. A pullback was expected from the last Elliott wave analysis as another second wave correction. Summary: The Elliott wave target is at 2,616 and a target from a small pennant pattern...
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 6, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected but price has moved sideways for Friday to complete an inside day. The short term Elliott wave count is slightly adjusted at the hourly chart level today. Summary: Assume the trend remains up while price remains within the violet channel...
by Lara | Sep 30, 2017 | S&P 500, S&P 500 + DJIA |
Price continues to rise as expected from the Elliott wave count and classic technical analysis. The Elliott wave target coincides nicely with a classic analysis target calculated using the measured rule from a small flag pattern. Summary: On Balance Volume and the AD...
by Lara | Sep 26, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday’s session. A higher high and a higher low fits the definition of upwards movement, but the candlestick has closed red. Summary: On Balance Volume and the AD line remain very bullish, supporting the main Elliott wave...
