by Lara | Jun 30, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 30, 2020 Upwards movement breached the very short-term invalidation point. Price remains below identified resistance at the Abandoned Baby pattern. Summary: The bounce may be over. Downwards movement...
by Lara | Jun 26, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 26, 2020 Downwards movement overall has been expected for the week and overall this is how the week ended. Summary: The bounce may be over. Downwards movement may resume. A mid-term target is at 2,723....
by Lara | Jun 22, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 22, 2020 Price remains range bound. Volume during the consolidation offers a clue to which direction the breakout may most likely be. Summary: The bounce may be over. Downwards movement may resume. A...
by Lara | Jun 16, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 16, 2020 A bounce was expected for the short term to end either about a trend line or about 3,144. Upwards movement for this session reached 3,153.45, 9.45 points above the target. Summary: The bounce...
by Lara | Jun 15, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 15, 2020 Last analysis expected that a bounce would begin the new trading week. The session began with a gap lower, but thereafter price moved higher to close strongly green. This fits short-term...
by Lara | Jun 11, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 11, 2020 Since May 14th two final targets at 3,058 and 3,238 were calculated. The first target was met and exceeded on May 28th. At that stage, only the second higher target was published. Today price...
by Lara | Jun 10, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 10, 2020 For the very short term, a small pullback was expected to end about 3,182. The low for the session at 3,181.49 was just 0.51 points below the short-term target. Summary: The next target is at...
by Lara | Jun 9, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 9, 2020 A little downwards movement remains well within the channel. At this stage, all three published Elliott wave counts expect the same direction from price next, although only the first two counts...
by Lara | Jun 6, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 5, 2020 The AD line has made a new all time high at the end of this week, so it is time to consider a more bullish Elliott wave count and time to update monthly charts. Summary: The next target is at...