by Lara | May 14, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 14, 2020 A sharp spike downwards has been followed by a strong close to the session. The Elliott wave counts expected upwards movement, and this is how the session has ended. Summary: Upwards movement to...
by Lara | Apr 21, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 21, 2020 Downwards movement has now breached the short-term invalidation point and the channel. The summary in yesterday’s analysis advised members that the breach of the short-term invalidation...
by Lara | Mar 26, 2020 | S&P 500, S&P 500 + DJIA |
S&P 500: Elliott Wave and Technical Analysis | Charts – March 26, 2020 Upwards movement is continuing as the main Elliott wave count expects. Summary: Primary wave B may have begun. It may be either a quick sharp bounce or a long lasting sideways consolidation....
by Lara | Mar 3, 2020 | S&P 500, S&P 500 + DJIA |
A higher high and a higher low fits the definition of upwards movement today, although the candlestick has closed red. Overall, price continues to behave as expected. Summary: There is no evidence to suggest the larger bull market is over. The current pullback is very...
by Lara | Feb 6, 2020 | S&P 500, S&P 500 + DJIA |
A little more upwards movement has again reached the upper edge of a multi-year trend channel. The main Elliott wave count still expects minor 4 may be incomplete. Summary: A pullback or consolidation is most likely still underway. It may continue now through to the...
by Lara | Jan 13, 2020 | S&P 500, S&P 500 + DJIA |
The next target is almost met. The structure may be incomplete. A new higher target is now calculated. Summary: The next target is at 3,289 or 3,332. A little sideways movement may develop here before price continues up and away. It is possible that minor wave 3 could...
by Lara | Dec 13, 2019 | S&P 500, S&P 500 + DJIA |
The next target was at 3,179 (members were warned it may be too low). Upwards movement continued as expected for Friday reaching 3,182.68. Summary: The next target is now at 3,238, but this may be too high. Thereafter, the next target is at 3,302 and then 3,336. Three...
by Lara | Nov 20, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, a pullback was expected for this session. Price moved reasonably below the target at 3,107 to find a low at 3,091.41, 15.59 points below the target. Price remains above the invalidation point and has bounced up strongly off the low. Summary: The...
by Lara | Oct 28, 2019 | S&P 500, S&P 500 + DJIA |
A new all time high has been expected from the S&P for some time. Today it finally arrived. The breakaway gap may offer support. Summary: The next target is at 3,120. For the very short term, closure of the gap with a new low by any amount at any time frame below...