by Lara | Oct 18, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday. Price made a higher high and a higher low, and the daily candlestick closed green but only just. Summary: Price should move lower for one or two days. This is supported by bearish divergence with price and RSI, inverted VIX...
by Lara | Oct 17, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Monday. The short term target was at 2,128, but it was anticipated this may not be low enough. Price did move lower and below the target to reach down to 2,124.56 for Monday’s session. Summary: In the short term, two to a few...
by Lara | Sep 21, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement was expected but did no happen. The session ended with some reasonable upwards movement. Summary: Volume suggests more upwards movement tomorrow. A new high above 2,171.25 would invalidate the alternate and provide some confirmation of the main wave...
by Lara | Sep 20, 2016 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis expected more sideways movement for Tuesday’s session. This is exactly what has happened. Summary: Sideways movement is most likely at this stage for a few days, a small pennant is forming. The breakout should be down. A new low below...
by Lara | Sep 3, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected for Friday, but it was not expected to move above 2,183.48. Summary: A little downwards movement to end above 2,157.09 is now expected to complete this consolidation, and it may end in just one day. Thereafter, it is expected...
by Lara | Sep 1, 2016 | S&P 500, S&P 500 + DJIA |
Overall downwards movement was again expected. Summary: Price may move a little higher tomorrow. There is divergence between price and VIX and the AD line suggests one or two days of upwards movement. Thereafter, some more downwards movement may be expected. Overall,...
by Lara | Aug 13, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday. A green candlestick was printed, but it was a small doji and did not make a new high. Price moved sideways. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,172. The...
by Lara | Aug 11, 2016 | S&P 500, S&P 500 + DJIA |
A little downwards movement to 2,171 – 2,168 was expected before the resumption of upwards movement. This is not what happened. Price moved upwards for the session and did not first make a new low. Summary: The trend remains the same, until proven otherwise....
by Lara | Jul 23, 2016 | S&P 500, S&P 500 + DJIA |
Price moved sideways as the main Elliott wave count expected. Summary: One or two sessions of overall downwards movement to end below 2,168.98 and above 2,159.75 is most likely. Note that downwards movement may end a little below 2,159.75, so if this point is...
