by Lara | Jul 26, 2019 | S&P 500, S&P 500 + DJIA |
The middle of a third wave may be unfolding as expected. Elliott wave targets remain the same. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A mid-term target for a third wave at intermediate degree is at 3,148. Use the best fit...
by Lara | Jul 24, 2019 | S&P 500, S&P 500 + DJIA |
A new all time high invalidates the bearish wave count and adds confidence to the bullish wave count. Targets calculated using Fibonacci Ratios between Elliott waves remain the same. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A...
by Lara | Jul 23, 2019 | S&P 500, S&P 500 + DJIA |
An upwards day fits both Elliott wave counts. Price remains below the invalidation / confidence point. Summary: A deeper and more time consuming correction may reach to 2,839 or below. This has support from some bearish divergence between price and all of the AD line,...
by Lara | Jul 22, 2019 | S&P 500, S&P 500 + DJIA |
A small inside day leaves the Elliott wave counts unchanged. Summary: A deeper and more time consuming correction may reach to 2,839 or below. This has support from some bearish divergence between price and all of the AD line, VIX and On Balance Volume, and a Bearish...
by Lara | Jul 16, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s bearish short-term divergence between price and both of the AD line and inverted VIX suggested downwards movement for today’s session. The target for a small pullback was 3,004.97. The low for the session was 3.82 points below this target....
by Lara | Jul 10, 2019 | S&P 500, S&P 500 + DJIA |
A small range day makes a new all time high. Today RSI, the AD line and VIX are used to indicate which of two Elliott wave counts may be most likely. Summary: The bull market is expected to continue and corrections are expected to be shallow. A pullback looks still...
by Lara | Jul 3, 2019 | S&P 500, S&P 500 + DJIA |
The upwards trend was expected to resume with strength this week, which is exactly what is happening so far. The Elliott wave count targets remain the same. Summary: Strength in this upwards trend may be expected to continue for a while yet. The next short-term target...
by Lara | Jun 28, 2019 | S&P 500, S&P 500 + DJIA |
A small upwards day fits expectations for the short term. At the end of the week, volume and breadth are pointing to the direction for next week. Summary: The upwards trend is expected to fairly likely resume with strength next week. The pullback may be over at the...
by Lara | Jun 27, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, a little more downwards movement was expected. Price has moved sideways in a very small range for the session, which overall fits the Elliott wave count. Summary: For the very short term, price may move a little more sideways and then lower to...
