by Lara | Jan 22, 2019 | S&P 500, S&P 500 + DJIA |
Elliott wave structure of the last upwards movement off December 2018 lows is used to analyse what is most likely to happen for the short to mid term. Summary: The first large pullback within cycle wave V may have arrived. It may be labelled either intermediate wave...
by Lara | Dec 18, 2018 | S&P 500, S&P 500 + DJIA |
Price keeps falling towards the target on the alternate Elliott wave count, but it is not falling quickly or with strength. Summary: It is possible a low may again be in place. A new high above 2,621.53 and a breach of the channel on the the hourly chart would add...
by Lara | Oct 30, 2018 | S&P 500, S&P 500 + DJIA |
The first Elliott wave count, which was slightly preferred, expected upwards movement for Tuesday’s session, which is what has happened. Summary: There is now a bullish candlestick reversal pattern at the low. A breakout of the blue Elliott / best-fit channel on...
by Lara | Oct 29, 2018 | S&P 500, S&P 500 + DJIA |
Another new low indicated further downwards movement. The target is not yet met. Three short-term Elliott wave counts are provided today. Summary: A new breakout of the blue Elliott / best fit channel and then a new high above 2,706.85 would indicate a low would most...
by Lara | Sep 28, 2018 | S&P 500, S&P 500 + DJIA |
It was expected for Friday that price may move lower, which is what happened. Summary: At this stage, it would be best to let price tell us if primary wave 3 is over or not. Long upper candlestick wicks and a bearish short term volume profile support the idea that...
by Lara | Sep 5, 2018 | S&P 500, S&P 500 + DJIA |
Identified support at the last gap remains open today, but only just. A clear price point is given to members, which will indicate a change from bull to bear if it is passed. Summary: The trend is up. Assume the trend remains the same while price remains above...
by Lara | Aug 13, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement continued for Monday exactly as was expected for the short term from last Friday’s analysis. Summary: Today’s bearish daily candlestick along with bearish divergence between price and both of inverted VIX and the AD line indicate this...
by Lara | Jun 28, 2018 | S&P 500, S&P 500 + DJIA |
Some more downwards movement, at least for the start of the session, was expected. This is exactly what happened. Summary: If price makes a new high above 2,743.19, then some confidence may be had that a low is in place. The target would be about 2,849 for the next...
by Lara | May 30, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s main hourly Elliott wave count expected a low was in place and price should move higher the following session. This is so far exactly what is happening. The AD line gives a very important signal today, which should not be ignored and will be given...
