by Lara | Aug 7, 2018 | S&P 500, S&P 500 + DJIA |
Today’s signals from On Balance Volume, the AD line and VIX all point to the same direction for price next. Three short term Elliott wave counts are provided for members to consider all possibilities. Summary: A Shooting Star reversal candlestick pattern appears...
by Lara | Jul 19, 2018 | S&P 500, S&P 500 + DJIA, Trading Tips |
A small pullback remains above the short term invalidation point. The AD line gives a signal today. Summary: Overall, expect upwards movement to continue. On Balance Volume remains very bullish, and there is bullish divergence today between price and the AD line. The...
by Lara | Jun 21, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the last session, but this is not what happened as price moved lower. However, price remains above the invalidation point. A new short term Elliott wave count is considered today. Summary: Bearish divergence today between price and...
by Lara | May 22, 2018 | S&P 500, S&P 500 + DJIA |
A signal today from On Balance Volume and VIX gives an indication of the direction for tomorrow. So far price is behaving mostly as expected, and the Elliott wave count remains the same at the daily chart level. Summary: Look for a pullback tomorrow which may end...
by Lara | May 1, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis gave a target for downwards movement at 2,637 to 2,635. Price moved lower to reach 2,625.41, 9.59 points below the small target zone. From there it bounced strongly higher, which was expected. Summary: The short term target is at 2,730. The...
by Lara | Apr 26, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected from the main Elliott wave count. This wave count has support from classic technical analysis, particularly signals from the AD line and On Balance Volume. Summary: Yesterday’s low may be the end of a multi week...
by Lara | Apr 16, 2018 | S&P 500, S&P 500 + DJIA |
More upwards movement fits the main Elliot wave count. With price closing today above resistance and signals from the AD line and VIX, the main Elliot wave count is now favoured. Summary: While price remains above 2,645.05 the target is at 2,705, or a range from 2,752...
by Lara | Mar 26, 2018 | S&P 500, S&P 500 + DJIA |
More downwards movement to a target at 2,565 – 2,566 was expected before a trend change, but the trend change has arrived earlier than expected. There is strong support at the 200 day moving average. Summary: The target for upwards movement now as most likely is...
by Lara | Mar 5, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded as expected for Monday’s session. The second target was almost reached. Summary: Look first for a breach of the yellow best fit channel on the hourly chart. When price breaks below that channel, then expect a few days of downwards...