by Lara | May 30, 2019 | S&P 500, S&P 500 + DJIA |
A little sideways movement to complete a small range Doji candlestick fits the Elliott wave count. Price remains within the channel and below the invalidation point. Summary: The low of December 2018 is expected to most likely remain intact, and this pullback is...
by Lara | May 28, 2019 | S&P 500, S&P 500 + DJIA |
A strong downwards day indicates which short-term scenario is most likely. Summary: The low of December 2018 is expected to most likely remain intact, and this pullback is expected to be followed by a strong third wave up to new all time highs. Two scenarios remain...
by Lara | May 22, 2019 | S&P 500, S&P 500 + DJIA |
Price continues to move sideways. A small pennant pattern may be forming on the daily chart. A target is calculated using the flag pole. Summary: The low of December 2018 is expected to remain intact, and this pullback is expected to be followed by a strong third wave...
by Lara | May 16, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a sideways consolidation to continue for a few sessions. Some upwards movement today changes the short-term view slightly to see a bounce continuing, but the mid-term expectation and target remains the same. Summary: The target for...
by Lara | May 15, 2019 | S&P 500, S&P 500 + DJIA |
For the very short term, a small bounce or sideways consolidation was expected to continue. A slightly higher high and higher low fits this expectation perfectly. Summary: For the very short term, a sideways consolidation may now continue for a few sessions. Within...
by Lara | May 13, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement is now too large to look right for the main daily chart. The bigger picture remains the same. Summary: A pullback is now expected to continue for another one to very few weeks. The first target is at 2,722 and thereafter at 2,579. The low of...
by Lara | May 10, 2019 | S&P 500, S&P 500 + DJIA |
Price closed back within the channel and remains above the invalidation point. Summary: The upwards trend may now resume. The final target remains the same at 3,045. A new limit for this fifth wave to end is now at 3,057.25. The biggest picture, Grand Super Cycle...
by Lara | May 9, 2019 | S&P 500, S&P 500 + DJIA |
More downwards movement was expected for the session to reach the lower edge of a channel. The channel was overshot and price quickly reversed to close back within it. This is mostly what was expected. Summary: The upwards trend may now resume. The final target...
by Lara | May 7, 2019 | S&P 500, S&P 500 + DJIA |
A correction was expected for this week. Price remains within the channel on the daily chart as expected. Summary: A pullback may end when price finds support at the lower edge of the maroon Elliott channel, which is drawn on both daily and hourly charts. Thereafter,...
