by Lara | Jul 28, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 28, 2020 The very short-term expectation was for a very little more upwards movement to about 3,249.45 before a reversal. Today price reached up to 3,243.72 before sharply reversing at the end of the...
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...
by Lara | Jul 22, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 22, 2020 A target is now calculated for upwards movement to end for the main wave count. Summary: A short-lived upwards breakout may continue for another one to few days, before a trend change. The...
by Lara | Jul 16, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 16, 2020 A very small range downwards day remains above support and above the short-term invalidation point for the Elliott wave count. Summary: A target for upwards movement to end is now at 3,245. The...
by Lara | Jul 10, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 10, 2020 Upwards movement has breached the short-term invalidation point on the hourly chart but remains below the mid-term invalidation point on the daily chart. Summary: This analysis still leans...
by Lara | Jul 9, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 9, 2020 Again, downwards movement was expected and overall this is what has happened for this session. Summary: This analysis still leans bearish in expecting a sustainable high may be in place on June...
by Lara | Jul 7, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 7, 2020 A short-term target for a little upwards movement was at 3,187. Price reached higher to 3,184.25, 2.85 points below the target, before turning to close lower. Summary: This analysis still leans...
by Lara | Jul 6, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 6, 2020 The Island Reversal pattern is negated with the second gap closed. Both bullish and bearish Elliott wave counts remain valid. Volume and breadth of this last session is analysed to indicate...
by Lara | Jul 2, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 2, 2020 Upwards movement for the session breached the short-term invalidation point but remains below identified strong resistance at the Island Reversal. Summary: Downwards movement may resume. For the...