by Lara | Mar 10, 2020 | S&P 500, S&P 500 + DJIA |
A strong bounce today is analysed to see if there is evidence of a sustainable low here. Summary: There is no evidence to suggest the larger bull market is over. Downwards movement over the last four weeks is expected to most likely be a deep pullback, which has...
by Lara | Mar 9, 2020 | S&P 500, S&P 500 + DJIA |
Strong downwards movement has brought price below the point where this pullback was expected to end but very slightly above the invalidation point for the main Elliott wave count. Summary: There is no evidence to suggest the larger bull market is over. Downwards...
by Lara | Mar 5, 2020 | S&P 500, S&P 500 + DJIA |
A bounce or sideways consolidation was expected to continue for the short term, which is what is happening. Summary: There is no evidence to suggest the larger bull market is over. The current pullback is very deep and not likely to be finished yet. At its conclusion,...
by Lara | Mar 4, 2020 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected. Analysis of volume and breadth within this session indicates some strength. What happens tomorrow regarding volume and breadth will be important. Summary: There is no evidence to suggest the larger bull market is over. The...
by Lara | Mar 3, 2020 | S&P 500, S&P 500 + DJIA |
A higher high and a higher low fits the definition of upwards movement today, although the candlestick has closed red. Overall, price continues to behave as expected. Summary: There is no evidence to suggest the larger bull market is over. The current pullback is very...
by Lara | Feb 29, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement continued for Friday as last analysis expected. While this fall in price this week has been dramatic, it should be viewed in the larger context of the bull market that began in March 2009. Analysis of the current pullback in context of recent prior...
by Lara | Feb 26, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement continues as last analysis expected. Next identified support has not yet been reached. Summary: The trend is up. Consolidations and pullbacks may last a few weeks but should be viewed in the bigger context of an ongoing bull market. At support they...
by Lara | Feb 20, 2020 | S&P 500, S&P 500 + DJIA |
The target for the next interruption to the trend was at 3,415. Upwards movement has fallen 21.48 points short of this target. Summary: The trend is up. Consolidations and pullbacks may last a few weeks but should be viewed in the bigger context of an ongoing bull...
by Lara | Feb 13, 2020 | S&P 500, S&P 500 + DJIA |
Another new all time high was expected. Downwards movement within the session remains above the short-term invalidation point. The bull market continues as this analysis has been expecting for months now. Summary: The trend is up. The target for the next interruption...