by Lara | Feb 4, 2019 | S&P 500, S&P 500 + DJIA |
Price continues to move higher towards the targets. Targets remain the same. Summary: The target for more upwards movement is at 2,804 (Elliott wave) or 2,881 (classic analysis). At about one of these targets a large pullback for a second wave at primary degree may...
by Lara | Jan 10, 2019 | S&P 500, S&P 500 + DJIA |
A very short-term pullback was expected to begin this session. While the session did make a lower low, price overall has moved higher and the target for the pullback was not met. Summary: For the short term, now expect more upwards movement as most likely. This may be...
by Lara | Dec 6, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement has indicated that an alternate Elliott wave count is now more likely. Today’s signals from the AD line, VIX and candlesticks are used to determine tomorrow’s most likely direction. Summary: It looks most likely that a low may again be...
by Lara | Nov 12, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement has invalidated the main hourly Elliott wave count. Now the short-term structure is slightly clearer. Summary: Downwards movement may be limited here. Look for strong support about 2,700. If price keeps falling here, then look for very strong...
by Lara | Oct 17, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to continue. Today’s higher high and a higher low fits the definition of upwards movement. Summary: This upwards bounce may continue now to about 2,895 or above. It may last a few more days as intermediate wave (B) or (X) within...
by Lara | Sep 18, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement has resumed as the main Elliott wave count expected. Summary: The pullback looks like is over. On Balance Volume makes new all time highs this week on the daily and weekly charts; this supports a bullish wave count. This view today remains unchanged;...
by Lara | Aug 25, 2018 | S&P 500, S&P 500 + DJIA |
An extremely likely new all time high for the S&P has been expected. Summary: Expect price to keep moving higher next week. We may not see another consolidation or pullback of reasonable duration until primary wave 3 is complete. The mid to longer term target is...
by Lara | Aug 1, 2018 | S&P 500, S&P 500 + DJIA |
A small upwards day closes red. Yesterday’s analysis expected a shallow consolidation may continue sideways, which is exactly what is happening so far. Summary: Assume that while price remains above 2,791.47 either a shallow consolidation may continue sideways...
by Lara | Jul 14, 2018 | S&P 500, S&P 500 + DJIA |
For Friday more upwards movement was expected, which is exactly what has happened. Summary: Expect the upwards trend to continue overall. On Balance Volume makes another new all time high on the daily chart, and the short term volume profile is bullish. However, the...
