by Lara | Jun 3, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 3, 2021 A new low below 4,182.52 indicated another downwards swing was underway. A target zone for support is now identified, which has a minimum expectation. Summary: The trend is up. The next target...
by Lara | Jun 2, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 2, 2021 Another very small range day closes as another small doji. Overall, this market now for the short term has the look of forming a rounded top. This may fit with the short-term alternate Elliott...
by Lara | Jun 1, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 1, 2021 Another upwards session comes very close to the last all time high but with a candlestick that closed red. The AD line now has four signals in a row that strongly support the Elliott wave count....
by Lara | May 28, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 28, 2021 Last week’s analysis expected upwards movement overall to continue, and it has. Although this week failed to make a new all time high, price has moved higher and closed green with a slight...
by Lara | May 26, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 26, 2021 A small range inside day leaves both Elliott wave counts essentially the same. Summary: The AD line today makes a new all time high. This provides confidence in the main Elliott wave count. The...
by Lara | May 21, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 21, 2021 Upwards movement has continued this week as the main Elliott wave count has expected. Summary: The trend is up. The next target for the next wave up is at 4,900. For the very short term, a...
by Lara | May 17, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 17, 2021 A small inside day today closes red with a long lower wick. Volume and breadth today indicate which, bulls or bears, dominated the session. The main Elliott wave count remains the same. Summary:...
by Lara | May 14, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 14, 2021 The main Elliott wave count expected more upwards movement to end the week, which is exactly what has happened. Summary: Friday completes a near 90% up day. This suggests the low may be...
by Lara | May 12, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 12, 2021 Yesterday’s Elliott wave and technical analysis expected more downwards movement today, which is what has happened. Summary: The new main Elliott wave count expects a small fourth wave may...