by Lara | Jul 31, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 31, 2020 Price at the end of the week has been unable to break out of a range with support about 3,200 and resistance about 3,280. VIX and VVIX give a slight signal that supports the main Elliott wave...
by Lara | Jul 8, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – July 8, 2020 A lower low and a lower high fit the definition of downwards movement although today’s candlestick has closed green. Price remains below the short-term invalidation point. Summary: This...
by Lara | Jun 12, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 12, 2020 Another downwards day fits expectations for the main and first alternate Elliott wave counts. The third alternate Elliott wave count will be used to eliminate a bullish possibility. Summary:...
by Lara | May 19, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 19, 2020 A small range downwards day remains above the short-term Elliott wave count and above identified support at the last gap. Summary: Targets remain at 3,058 or 3,238. Use the lower edge of the...
by Lara | Apr 24, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 24, 2020 Sideways movement this week sees price remain within the channel and above the invalidation point. The target zone remains the same. Summary: The bounce may now end about 3,069 to 3,261....
by Lara | Apr 1, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 1, 2020 Sideways or lower movement was expected to continue this week, which is exactly what is happening. The multi-year trend channel continues to provide strong resistance for a typical back test....
by Lara | Mar 6, 2020 | S&P 500, S&P 500 + DJIA |
Last analysis expected for very short-term movement to move at least slightly below 2,977.24 before an upwards swing began. Price did move lower reaching 2,901.55 and from there bounced up to end the session green. Summary: There is no evidence to suggest the larger...
by Lara | Feb 11, 2020 | S&P 500, S&P 500 + DJIA |
Today both Elliott wave counts remain valid. Specific price points will be used to identify which is most likely tomorrow. Summary: A new high above 3,375.63 would indicate more upwards movement. The target would be at 3,415. If today’s gap is closed with a new...
by Lara | Jan 16, 2020 | S&P 500, S&P 500 + DJIA |
Price is now at the upper edge of a multi-year channel. The Elliott wave counts remain essentially the same. Summary: The next target is at 3,323 or 3,332, but targets may not be met and price may reverse here if the multi-year channel provides resistance. It is...
