by Lara | Dec 11, 2019 | S&P 500, S&P 500 + DJIA |
A small range upwards day continues an expected consolidation. Summary: Minor wave 4 may continue for another two weeks or so and may continue to find support about 3,070. It may be a choppy overlapping consolidation. Thereafter, the upwards trend may resume. The next...
by Lara | Dec 9, 2019 | S&P 500, S&P 500 + DJIA |
A very small range inside day leaves the Elliott wave count unchanged. Summary: Minor wave 4 may continue for about two weeks or so and may continue to find support about 3,070. It may be a choppy overlapping consolidation. Thereafter, the upwards trend may resume....
by Lara | Dec 3, 2019 | S&P 500, S&P 500 + DJIA |
A more time consuming correction was expected to have begun after yesterday’s downwards movement. Downwards movement was expected to continue although it has reached below expected support at 3,081. Summary: Minor wave 4 may continue for about two weeks or so...
by Lara | Nov 27, 2019 | S&P 500, S&P 500 + DJIA |
Price continues to move higher towards the target with brief and shallow corrections, exactly as expected. A small channel on the hourly chart today may be used to indicate when the next correction may have arrived. Summary: Assume price will continue higher while it...
by Lara | Nov 26, 2019 | S&P 500, S&P 500 + DJIA |
The upwards trend continues as the Elliott wave count expects. Members have been advised to expect corrections at this time to be relatively brief and shallow, which is exactly how the market is behaving. Summary: The next target at 3,179 is where minor wave 4 may...
by Lara | Nov 23, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement unfolded for Friday, which is what the analysis on Thursday had expected. Targets remain the same. Summary: The upwards trend may resume. The next target at 3,179 is where minor wave 4 may begin (expect it to be very shallow). A new all time high...
by Lara | Nov 21, 2019 | S&P 500, S&P 500 + DJIA |
An inside day sees price remain above the invalidation point. A new short-term Elliott wave count is presented. Summary: The upwards trend may resume. The next target at 3,179 is where minor wave 4 may begin (expect it to be very shallow). A new all time high above...
by Lara | Nov 20, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, a pullback was expected for this session. Price moved reasonably below the target at 3,107 to find a low at 3,091.41, 15.59 points below the target. Price remains above the invalidation point and has bounced up strongly off the low. Summary: The...
by Lara | Nov 18, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues towards targets as expected. Summary: Tomorrow may see a small pullback to about 3,107. Thereafter, the upwards trend should resume. The next target at 3,179 is where minor wave 4 may begin (expect it to be very shallow). Thereafter, the...
