by Lara | Jun 4, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues exactly as the main Elliott wave count expects. Summary: The short term target is at 2,824 or 2,915. The mid to longer term target is at 2,922. The final target for this bull market to end remains at 3,616. Another strong new all time high...
by Lara | May 17, 2018 | S&P 500, S&P 500 + DJIA |
A new signal today from the AD line requires a new Elliott wave count for the short term expectation. The new Elliott wave count has a new short term target. Summary: A new all time high from the AD line is very bullish. Expect upwards movement as most likely...
by Lara | May 10, 2018 | S&P 500, S&P 500 + DJIA |
A strong signal from the AD line today means that the alternate Elliott wave counts will be discarded. There is now reasonable confidence in the main Elliott wave count. Today’s open gap may be used to calculate a target using classic technical analysis, to add...
by Lara | May 9, 2018 | S&P 500, S&P 500 + DJIA |
The last main Elliott wave count expected upwards movement to continue. An important trend line has been breached today, and the AD line is very close to providing a major signal. Summary: The target is now at 2,922. Have some confidence that an upwards trend is most...
by Lara | May 8, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s main hourly Elliott wave count expected a small correction to continue sideways or lower. A little downwards movement to complete a doji candlestick for the session fits this expectation. Summary: The target is now at 2,922. The correction may be...
by Lara | May 4, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis again expected upwards movement, which is exactly how the week ended, with a strong green candlestick for Friday. Summary: The target is now at 2,922. Traders with a lower risk appetite may set stops just below yesterday’s low. For those...
by Lara | Apr 27, 2018 | S&P 500, S&P 500 + DJIA |
Price gapped higher but did not reach the short term target before turning a little lower in a mostly sideways day for Friday. At the end of this week, there are signals from On Balance Volume, the AD line, and VIX that support the Elliott wave counts. Summary: A...
by Lara | Apr 24, 2018 | S&P 500, S&P 500 + DJIA |
A little upwards movement to a target at 2,694 – 2,696 was expected before a resumption of a pullback. Price did gap higher to complete the Elliott wave structure, but fell short of the target by 10.45 points. Thereafter, downwards movement unfolded as was...
by Lara | Apr 19, 2018 | S&P 500, S&P 500 + DJIA |
For the short term, a pullback was expected to end about either 2,700 or 2,690. Downwards movement for the session reached below the second target to 2,681.90. Summary: The target for a primary degree third wave to end is now at 2,913. This target may be reached in...
