by Lara | Jul 11, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis warned that some small range downwards days or doji may show up at this stage. A small red candlestick for Wednesday’s session fits this description. Summary: Today’s short term bearish divergence between price and both of VIX and the AD line...
by Lara | Jun 19, 2018 | S&P 500, S&P 500 + DJIA |
A new alternate Elliott wave count for the short term picture expected another low to find support about 2,747. The low for the session was at 2,743, sitting almost perfectly on a trend line that was expected to provide final support. Summary: The pullback now looks...
by Lara | Jun 11, 2018 | S&P 500, S&P 500 + DJIA |
More upwards movement unfolded as last analysis expected. Today a candlestick pattern is balanced against analysis of On Balance Volume and the AD line to decide which short term Elliott wave count is most likely for tomorrow. Summary: A brief shallow pullback is...
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 | Apr 10, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. An inside day is not conclusive either way with no new high nor low. Summary: The upwards swing should continue. The first target is at 2,705. If price keeps rising through the first target, then the next target is a zone from 2,752 to...
by Lara | Feb 26, 2018 | S&P 500, S&P 500 + DJIA |
An upwards day was expected for the new trading week and price has behaved exactly as expected. Summary: The larger trend is up. The next target is at 3,020. The next short term target is at 2,920. This wave up may be a third wave, and it may continue to be strong. A...
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 | 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 | Oct 31, 2017 | S&P 500, S&P 500 + DJIA |
A very small range inside day changes the very short term picture only slightly. The Elliott wave targets remain the same and can today be supplemented by a classic analysis target using a reliable short term pattern. Summary: The Elliott wave target is at 2,616 and a...
