by Lara | May 21, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 21, 2020 Some downwards movement indicates which of the two short-term Elliott wave counts is most likely. Price has come down to sit exactly on the upper edge of a trend channel that contains a prior...
by Lara | Apr 28, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 28, 2020 Another upwards day continues a multi-week bounce, which is what this analysis has been expecting. Summary: A new short-term target for intermediate wave (A) to end is at 2,956. About this...
by Lara | Apr 3, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 3, 2020 Another small range day fits expectations for price to consolidate this week. Summary: A correction may continue into next week. It may be shallow if it continues to find resistance at the...
by Lara | Mar 10, 2020 | S&P 500, S&P 500 + DJIA |
A strong bounce today is analysed to see if there is evidence of a sustainable low here. Summary: There is no evidence to suggest the larger bull market is over. Downwards movement over the last four weeks is expected to most likely be a deep pullback, which has...
by Lara | Feb 13, 2020 | S&P 500, S&P 500 + DJIA |
Another new all time high was expected. Downwards movement within the session remains above the short-term invalidation point. The bull market continues as this analysis has been expecting for months now. Summary: The trend is up. The target for the next interruption...
by Lara | Jan 21, 2020 | S&P 500, S&P 500 + DJIA |
A small range inside day leaves all Elliott wave counts unchanged. Summary: The next target is at 3,332 and thereafter 3,379. It is again possible that minor wave 3 could be over. Some confidence in this view may be had with a new low below 3,298.66 and then a breach...
by Lara | Dec 19, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues towards the small 2 point target zone, which remains the same. The target is calculated using Elliott wave and Fibonacci ratios, and from the last open gap. Summary: The next target is now at 3,238 to 3,240, which now looks reasonable. About...
by Lara | Nov 27, 2019 | S&P 500, S&P 500 + DJIA |
Price continues to move higher towards the target with brief and shallow corrections, exactly as expected. A small channel on the hourly chart today may be used to indicate when the next correction may have arrived. Summary: Assume price will continue higher while it...
by Lara | Nov 4, 2019 | S&P 500, S&P 500 + DJIA |
Price continues on upwards towards the next target. Summary: Expect for the short term for any pullbacks to be brief and shallow on the way up to the next target at 3,179, where a shallow consolidation may begin lasting about 2 weeks. Three large pullbacks or...
