by Lara | Apr 3, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 3, 2020 Another small range day fits expectations for price to consolidate this week. Summary: A correction may continue into next week. It may be shallow if it continues to find resistance at the...
by Lara | Apr 2, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 2, 2020 A consolidation continues as expected this week. Analysis of bounces within bear markets gives some indication of what to look for to identify a high. Summary: A correction may continue this...
by Lara | Mar 31, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – March 31, 2020 Analysis has expected price to move sideways or lower this week. Sideways movement today fits overall expectations. Price may continue to hug the lower edge of a multi-year channel. Summary:...
by Lara | Mar 30, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – March 30, 2020 Sideways movement in a narrow range fits the short to mid-term expectation from the Elliott wave count. Summary: Primary wave B may have begun. It may be either a quick sharp bounce or a long...
by Lara | Mar 27, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – March 27, 2020 A breach of the channel on the hourly chart by a gap down at market open indicated an alternate hourly chart was correct, which expected overall downwards movement. The session has closed red...
by Lara | Mar 26, 2020 | S&P 500, S&P 500 + DJIA |
S&P 500: Elliott Wave and Technical Analysis | Charts – March 26, 2020 Upwards movement is continuing as the main Elliott wave count expects. Summary: Primary wave B may have begun. It may be either a quick sharp bounce or a long lasting sideways consolidation....
by Lara | Mar 24, 2020 | S&P 500, S&P 500 + DJIA |
S&P 500: Elliott Wave and Technical Analysis | Charts – March 24, 2020 Strong upwards movement completes a 90% up day. Technical analysis of the last low suggests a new Elliott wave count today. Summary: Primary wave B may have begun today. It may be either a...
by Lara | Mar 21, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement ended the week, which is what the main Elliott wave count had expected. Summary: It may be safest to assume the downwards trend remains intact while price remains below 2,466.97. The short-term target remains at 2,173. However, at the last low there...
by Lara | Mar 16, 2020 | S&P 500, S&P 500 + DJIA |
No bounce has materialised. The first target now looks too low. The second Elliott wave target is now the main target. Summary: A short-term target at 2,173 may be about where a bounce or consolidation may begin. Thereafter, the bear market may resume. The final...