by Lara | Aug 29, 2019 | S&P 500, S&P 500 + DJIA |
Analysis of internal strength or weakness of the last few sessions indicates the main Elliott wave count is more likely. Two alternate Elliott wave counts remain valid. Summary: An upwards breakout above 2,940 with support from volume would add confidence in the main...
by Lara | Aug 6, 2019 | S&P 500, S&P 500 + DJIA |
The internal strength of this upwards day is analysed to determine which Elliott wave count looks more likely. Summary: The wave counts are today swapped over. The main Elliott wave count now expects the pullback may continue lower to 2,663 or 2,579. A new low below...
by Lara | Jul 11, 2019 | S&P 500, S&P 500 + DJIA |
A small Doji candlestick today completes an inside day. Summary: The bull market is expected to continue and corrections are expected to be shallow. A pullback looks still most likely to continue from here. It may find support at the lower edge of the best fit...
by Lara | Jun 17, 2019 | S&P 500, S&P 500 + DJIA |
More sideways movement was expected to begin the new week. A small range Doji candlestick exactly fits this expectation. A target for this consolidation to end may now be calculated. Summary: The low of December 2018 is expected to most likely remain intact. The...
by Lara | May 23, 2019 | S&P 500, S&P 500 + DJIA |
A downwards swing failed to make a new low today. Three out of four short-term Elliott wave counts now remain valid. Summary: The low of December 2018 is expected to remain intact, and this pullback is expected to be followed by a strong third wave up to new all time...
by Lara | Apr 30, 2019 | S&P 500, S&P 500 + DJIA |
Overall, upwards movement continues as expected. The Elliott wave target remains the same. Two hourly charts are published today for the short-term picture. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next...
by Lara | Apr 4, 2019 | S&P 500, S&P 500 + DJIA |
The upwards trend was expected to continue. An inside day today closes green, and the balance of volume was upwards. Elliott wave and classic analysis targets remain the same. Summary: The upwards trend should continue. The mid-term Elliott wave target remains the...
by Lara | Mar 12, 2019 | S&P 500, S&P 500 + DJIA |
A small range day leaves the main Elliott wave count unchanged. Summary: Targets for a multi-week pullback are 2,637 or 2,526. However, if price closes above 2,816.88 on an upwards day with support from volume, then that would be a classic upwards breakout and the...
by Lara | Feb 14, 2019 | S&P 500, S&P 500 + DJIA |
A small range downwards day closes as a doji. Targets remain the same. The Elliott wave count remains valid and price remains within a channel. Summary: The first target is now at 2,767. Thereafter, if the structure of minor wave 5 is incomplete or if price keeps...
