by Lara | Feb 12, 2020 | S&P 500, S&P 500 + DJIA |
A new high above 3,375.63 indicated more upwards movement was expected. The next target remains the same. Summary: The trend is up. The target for the next interruption to the trend is at 3,415. Two more large pullbacks or consolidations (fourth waves) during the next...
by Lara | Feb 10, 2020 | S&P 500, S&P 500 + DJIA |
Upwards movement continues, albeit with some weakness. Both Elliott wave counts remain valid. Summary: A pullback or consolidation is most likely still underway. It may end sometime next week. A downwards swing may continue that may end slightly below 3,214.68, or it...
by Lara | Feb 8, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement unfolded as expected for Friday. At the end of the week, all of volume, breadth and volatility are used to indicate which Elliott wave count may be most likely. Summary: A pullback or consolidation is most likely still underway. It may end sometime...
by Lara | Feb 6, 2020 | S&P 500, S&P 500 + DJIA |
A little more upwards movement has again reached the upper edge of a multi-year trend channel. The main Elliott wave count still expects minor 4 may be incomplete. Summary: A pullback or consolidation is most likely still underway. It may continue now through to the...
by Lara | Feb 4, 2020 | S&P 500, S&P 500 + DJIA |
A bounce was expected to continue higher for Tuesday, which is what has happened. How high this bounce goes may begin to indicate what Elliott wave structure may be unfolding. Summary: A pullback or consolidation is underway. It may continue now through to the end of...
by Lara | Feb 1, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Friday, which is exactly what has happened. The pullback or consolidation continues as expected. Summary: A pullback or consolidation is underway. It may continue now through to the end of next week and possibly a little longer....
by Lara | Jan 27, 2020 | S&P 500, S&P 500 + DJIA |
A pullback or consolidation was expected to begin. A strong downwards day exactly fits expectations. Summary: A pullback or consolidation has begun. It may continue now through to the end of next week and possibly a little longer. Support is expected to be about...
by Lara | Jan 21, 2020 | S&P 500, S&P 500 + DJIA |
A small range inside day leaves all Elliott wave counts unchanged. Summary: The next target is at 3,332 and thereafter 3,379. It is again possible that minor wave 3 could be over. Some confidence in this view may be had with a new low below 3,298.66 and then a breach...
by Lara | Jan 17, 2020 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
With price now above the upper edge of a multi-year channel, it is time to review monthly charts. Summary: The next target is at 3,332 and thereafter 3,379. It is again possible that minor wave 3 could be over. Some confidence in this view may be had with a new low...
