by Lara | Feb 6, 2019 | S&P 500, S&P 500 + DJIA |
A very small range inside day sees the Elliott wave count slightly changed for the short term. A small triangle may be completing. Summary: Risk of a pullback is elevated today. Primary wave 2 may begin this week or next. Upwards movement may now be limited to no more...
by Lara | Feb 4, 2019 | S&P 500, S&P 500 + DJIA |
Price continues to move higher towards the targets. Targets remain the same. Summary: The target for more upwards movement is at 2,804 (Elliott wave) or 2,881 (classic analysis). At about one of these targets a large pullback for a second wave at primary degree may...
by Lara | Feb 2, 2019 | S&P 500, S&P 500 + DJIA |
More upwards movement has unfolded as expected. The Elliott wave and classic analysis targets remain the same. Summary: The target for more upwards movement is at 2,804 (Elliott wave) or 2,881 (classic analysis). At about one of these targets a large pullback for a...
by Lara | Jan 31, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues exactly as expected towards the targets. Summary: The target for more upwards movement is at 2,804 (Elliott wave) or 2,881 (classic analysis). At about one of these targets a large pullback for a second wave at primary degree may begin. For...
by Lara | Jan 29, 2019 | S&P 500, S&P 500 + DJIA |
Another small range day remains tightly constrained between support and resistance. A developing pattern suggests the direction for a breakout. Targets may be calculated using an Elliott wave count, Fibonacci ratios and classic analysis. Summary: A small pennant...
by Lara | Jan 25, 2019 | S&P 500, S&P 500 + DJIA |
Market breadth and volatility are used at the end of this week to indicate the direction for next week. The Elliott wave count continues to have support from rising market breadth in the AD line and declining VIX. Summary: The first large correction within cycle wave...
by Lara | Jan 14, 2019 | S&P 500, S&P 500 + DJIA |
The upwards trend has resumed after a small triangle completed, which was exactly what the Elliott wave count expected. Summary: The target for intermediate wave (1) to end is at 2,673 with a limit at 2,731.32. The target may be met in another two to three sessions....
by Lara | Jan 14, 2019 | S&P 500, S&P 500 + DJIA |
A very small range sideways day has prompted a slight change to the short-term outlook. The mid and long-term outlook remains the same and has support from classic technical analysis. Summary: For the short term, while price remains now above 2,520.27, a small fourth...
by Lara | Jan 10, 2019 | S&P 500, S&P 500 + DJIA |
A very short-term pullback was expected to begin this session. While the session did make a lower low, price overall has moved higher and the target for the pullback was not met. Summary: For the short term, now expect more upwards movement as most likely. This may be...
