by Lara | Aug 12, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – August 12, 2021 The inclination is to switch to a bullish Elliott wave count as upwards movement continues. However, increasing bearish divergence from the AD line still suggests the main Elliott wave count,...
by Lara | Jul 20, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 20, 2021 Yesterday’s analysis expected a small bounce for the short term, which was not expected to make a new all time high. A strong bounce fits the overall expectation of the main Elliott wave...
by Lara | Jun 24, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 24, 2021 A new all time high for price today invalidates one short-term Elliott wave count, leaving two more. The AD line today suggests which of these two Elliott wave counts should be considered a...
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 10, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 10, 2021 Downwards movement fits the alternate wave count a little better. Both Elliott wave counts remain valid. Summary: The alternate Elliott wave count now allows for a small fourth wave to continue...
by Lara | Apr 13, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 13, 2021 Both Elliott wave counts have been bullish for a long time. Multiple targets are provided to indicate where pullbacks or consolidations may be expected. The short-term target is getting...
by Lara | Mar 4, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – March 4, 2021 Another downwards day has invalidated the main short-term hourly Elliott wave count, leaving the alternate Elliott wave count valid. Summary: The pullback may have continued lower as a triple...
by Lara | Feb 9, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – February 9, 2021 Another upwards day fits expectations from the Elliott wave count, which is supported by classic technical analysis. Summary: For the very short term, price is at a resistance line (the...
by Lara | Jan 14, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – January 14, 2021 Price remains above support after an upwards breakout. Today a signal from the AD line supports the main Elliott wave count. Summary: The wave count expects the low of the 30th of October to...