by Lara | Feb 24, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday due to bullish signals from the AD line and VIX. A strong upwards day fits the expectation nicely. Summary: The larger trend is up. The next target is at 3,020. The next short term target is at 2,920. Expect upwards movement...
by Lara | Feb 21, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis expected price to continue to move lower and reach the first target, which is what has happened. Summary: The larger trend is up. The next target is at 3,020. Downwards movement should continue again tomorrow. A new target is at...
by Lara | Feb 15, 2018 | S&P 500, S&P 500 + DJIA |
Analysis since the low on the 9th of February has been bullish. Price continues to rise as expected. Summary: The next target is at 3,020. On Balance Volume today gives a bullish signal that offers strong support to the main bullish Elliott wave count. Always practice...
by Lara | Feb 10, 2018 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
More downwards movement for Friday was expected. Summary: A low may now be in place. Some confidence may be had in this view if price breaks above the yellow channel on the hourly chart. A target would then be at 3,020. Always practice good risk management. Always...
by Lara | Feb 7, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded for Wednesday’s session as expected from yesterday’s Elliott wave count and technical analysis. Summary: It still looks more likely that a low may be in place. The targets are either 2,909, 2,920 or 3,104. However, risk still...
by Lara | Feb 6, 2018 | S&P 500, S&P 500 + DJIA |
Price overshot a support line and has reversed strongly from just below it. Volume, RSI and the AD line today all point to the same direction next. Summary: Today’s classic analysis favours a low in place: a piercing pattern, long lower candlestick wick on the...
by Lara | Feb 5, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but the target at 2,749 was inadequate. The degree of labelling of this movement is moved up one degree today, and an alternate will consider it at up two degrees. Summary: Every single bear market in the last almost 100 years was...
by Lara | Feb 3, 2018 | S&P 500, S&P 500 + DJIA |
A correction was expected to be incomplete and continue for a few more days. The first target at 2,796 was met and passed. The second target has not yet been met. Summary: Expect more downwards movement to begin next week. The target is at 2,749. In the short term, a...
by Lara | Jan 22, 2018 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Upwards movement continues as expected. The target is also now a short term limit. Summary: The next target is also a limit at 2,840. The alternate is invalid. Bullish signals today from On Balance Volume and the AD line are given weight. The biggest picture, Grand...
