by Lara | Oct 10, 2019 | S&P 500, S&P 500 + DJIA |
Divergence between price and market breadth at the last high for price strongly supports the main Elliott wave count. Summary: For the very short term, this pullback may end in a few days about 2,882. Thereafter, the upwards trend may resume. The next target is at...
by Lara | Sep 17, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded for Tuesday exactly as expected. Price is perfectly bouncing up off the support line on the short-term hourly chart. The Elliott wave count remains the same. Summary: The upwards trend may now resume to new all time highs. The next target...
by Lara | Aug 22, 2019 | S&P 500, S&P 500 + DJIA |
A breakout is expected tomorrow. The target remains the same. Summary: Conditions are still suggesting a sustainable low may be in place. The next target is 3,120. A new low below 2,822.12 would indicate a continuing deeper pullback. The first target would then be at...
by Lara | Jul 29, 2019 | S&P 500, S&P 500 + DJIA |
A small range inside day leaves the Elliott wave counts and targets unchanged. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A mid-term target for a third wave at intermediate degree is at 3,148. Use the best fit trend channel as...
by Lara | Jun 10, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as was expected for the short term from last analysis. Today a candlestick pattern along with signals from VIX indicate the next movement for the short term. The mid-term target remains the same. Summary: The low of December 2018 is expected...
by Lara | May 16, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a sideways consolidation to continue for a few sessions. Some upwards movement today changes the short-term view slightly to see a bounce continuing, but the mid-term expectation and target remains the same. Summary: The target for...
by Lara | Apr 23, 2019 | S&P 500, S&P 500 + DJIA |
An upwards breakout has support from volume today. Elliott wave targets remain the same. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next mid-term target is at 3,010. The final target remains the same at 3,045....
by Lara | Mar 28, 2019 | S&P 500, S&P 500 + DJIA |
Price is moving sideways and remains range bound. The main Elliott wave count today has good support from classic technical analysis. The AD line (as an indication of market breadth) and moving averages are used to indicate the most likely breakout direction. Summary:...
by Lara | Mar 5, 2019 | S&P 500, S&P 500 + DJIA |
Sideways movement continues within the range that price has been in now for six sessions. The breakout is still expected to be in the same direction. Summary: Price remains range bound. To indicate the next movement there needs to be a breakout. Downwards movement...
