by Lara | Mar 5, 2019 | S&P 500, S&P 500 + DJIA |
Sideways movement continues within the range that price has been in now for six sessions. The breakout is still expected to be in the same direction. Summary: Price remains range bound. To indicate the next movement there needs to be a breakout. Downwards movement...
by Lara | Mar 4, 2019 | S&P 500, S&P 500 + DJIA |
Price remains range bound. Strength within this last session along with the AD line as an indicator of breadth, and VIX as an indicator of volatility, are used to determine the most likely Elliott wave count. Summary:Price remains range bound. To indicate the next...
by Lara | Feb 28, 2019 | S&P 500, S&P 500 + DJIA |
On Balance Volume gives a signal today that suggests a primary degree correction may have arrived. Fibonacci ratios are used for targets. Summary: The bigger picture still expects that a low may now be in place. The final target is at 3,045 with a limit at 3,477.39....
by Lara | Feb 27, 2019 | S&P 500, S&P 500 + DJIA |
Today both inverted VIX and the AD line give signals for the next direction of price tomorrow. Summary: The bigger picture still expects that a low may now be in place. The final target is at 3,045 with a limit at 3,477.39. Along the way up to the final target, two...
by Lara | Feb 26, 2019 | S&P 500, S&P 500 + DJIA |
A little downwards movement sees price remain within the channel on the daily chart. Summary: The bigger picture still expects that a low may now be in place. The final target is at 3,045 with a limit at 3,477.39. Along the way up to the final target, two large...
by Lara | Feb 22, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as last analysis expected it to. Summary: Upwards movement is slowing now it has reached a strong zone of resistance about 2,800 to 2,815. A new first target for the trend to be interrupted is at 2,814. If price reaches 2,814 and the...
by Lara | Feb 20, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues towards the target as expected. This bullish movement has support from rising market breadth and declining volatility. Summary: The target is at 2,856. If the target is wrong, it may be too high; there is very strong resistance just above at...
by Lara | Feb 13, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as the Elliott wave count expected. The target remains the same. Summary: A target now is at 2,856 for the short term. The upwards trend should be assumed to continue as long as price remains above 2,718.05. A new low below 2,718.05 would...
by Lara | Feb 7, 2019 | S&P 500, S&P 500 + DJIA |
A breach of an important channel changes the mid-term outlook for the S&P today. Members were warned yesterday that the risk of a pullback was heightened. Summary: A breach of the black Elliott channel has indicated primary wave 2 has arrived. Primary wave 2 may...
