by Lara | Apr 8, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 8, 2020 More upwards movement has support today from a corresponding rise in market breadth. The Elliott wave count remains the same and the target remains the same. Summary: The bounce may end about...
by Lara | Apr 7, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 7, 2020 Upwards movement continues towards the target as expected. Summary: The bounce may end about 2,934 in another one to few days. Thereafter, the downwards trend may resume with strength. The...
by Lara | Mar 14, 2020 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
At the end of the week, monthly charts are reviewed in text and video. A bounce is expected for next week. Summary: Expect a bounce to begin next week, which may end about either 2,828 or 3,044. Thereafter, the bear market may resume to make a final low at 2,352. This...
by Lara | Mar 12, 2020 | S&P 500, S&P 500 + DJIA |
A strong close today below a multi-year trend channel is very bearish and indicates an alternate wave count may be correct. Summary: Yesterday’s alternate Elliott wave count is now the main wave count because although the trend channel was not properly breached...
by Lara | Feb 19, 2020 | S&P 500, S&P 500 + DJIA |
Upwards movement to new all time highs continues exactly as the main Elliott wave count expects. The target remains the same. Summary: The trend is up. The target for the next interruption to the trend is at 3,415. A new low now below 3,355.70 would indicate...
by Lara | Feb 18, 2020 | S&P 500, S&P 500 + DJIA |
A small range downwards day remains above the multi-year trend line. A new alternate Elliott wave count is published today. Summary: The trend is up. The target for the next interruption to the trend is at 3,415. A new low now below 3,347.96 would indicate...
by Lara | Jan 24, 2020 | S&P 500, S&P 500 + DJIA |
A cluster of signals (from VIX, the AD line, Friday’s candlestick and volume) suggests at the end of the week that an alternate Elliott wave count may be more likely for the short-term outlook. Summary: It is possible that minor wave 3 could be over. Reasonable...
by Lara | Jan 23, 2020 | S&P 500, S&P 500 + DJIA |
A small range downwards day leaves two Elliott wave counts valid. Summary: The next target is at 3,348 and then at 3,379. It is still possible that minor wave 3 could be over. Reasonable confidence in this view may be had with a new low below 3,258.14. The risk of a...
by Lara | Dec 26, 2019 | S&P 500, S&P 500 + DJIA |
The next target was at 3,238 to 3,240. The high this session at 3,240.48 meets expectations. Summary: Assume the trend remains the same until proven otherwise. Assume more upwards movement to the next short-term target at 3,268. If price makes a new low now below...
