by Lara | Jan 20, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continued for Friday to another new all time high as the main Elliott wave count expected. Summary: Assume the upwards trend may remain intact and the next target for an interruption is at 2,821. An alternate looks at a correction or pullback underway...
by Lara | Jan 18, 2018 | S&P 500, S&P 500 + DJIA |
Sideways movement sees three wave counts still valid. The AD line and VIX are giving signals, and On Balance Volume may provide a signal tomorrow. Summary: Assume the upwards trend may remain intact and the next target for an interruption is at 2,840. Two alternates...
by Lara | Jan 17, 2018 | S&P 500, S&P 500 + DJIA |
An inside day fits the main hourly Elliott wave count best. The target is slightly adjusted. Summary: Assume the upwards trend may remain intact and the next target for an interruption is at 2,840. A daily alternate looks at a possible one to two week correction...
by Lara | Jan 11, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s main Elliott wave count expected more upwards movement. Summary: A new all time high adds confidence to the main wave count. The next target is at 2,858, and at about that point a correction to last about two weeks is expected. The trend remains...
by Lara | Nov 22, 2017 | S&P 500, S&P 500 + DJIA |
Price is behaving mostly as the new main Elliott wave count expects. Targets remain the same. The AD line gives an important signal today, which will be given weight in the analysis. Summary: The first Elliott wave target is again at 2,614. A target using the measured...
by Lara | Nov 17, 2017 | S&P 500, S&P 500 + DJIA |
A small inside day is inconclusive. Members are given guidance on how to draw a trend channel on the hourly chart, and which price point will differentiate the two Elliott wave counts for the short term. Summary: The first target is again at 2,614. A second target is...
by Lara | Nov 15, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement was overall expected, but it was expected that price should have a short term bounce first. Downwards movement is now choppy and overlapping, suggesting an Elliott wave diagonal may be unfolding. Summary: The target for a multi day pullback is still...
by Lara | Sep 2, 2017 | EW Education, Public Analysis, S&P 500 |
I mentioned in comments on Thursday that I wanted to illustrate a real life example of an expanded flat. The concept is important when trading corrections. Click chart to enlarge. I did not have to go far back at all to find a good example of this very common...
by Lara | Jul 11, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA
This is another video of the process of developing an alternate Elliott wave count, using the MotiveWave analysis platform, that shows the steps I go through and my train of thought. Original post published here.