by Lara | Jun 6, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s main Elliott wave count expected more upwards movement, which is exactly what has happened so far. Summary: The low of December 2018 is expected to most likely remain intact. The pullback may have ended. A new target for a third wave up is at 3,104....
by Lara | May 14, 2019 | S&P 500, S&P 500 + DJIA |
A small range day moved price slightly higher. This fits the new short-term expectation for the Elliott wave count. Summary: For the very short term, a small and sharp bounce or a sideways consolidation may unfold over the next few sessions. Thereafter, the pullback...
by Lara | Apr 18, 2019 | S&P 500, S&P 500 + DJIA |
A consolidation was expected to continue. A small downwards day closes as a Doji, which fits expectations. Summary: The upwards trend remains intact and there is underlying strength in this market still. A consolidation may unfold here that may be shallow and short...
by Lara | Mar 26, 2019 | S&P 500, S&P 500 + DJIA |
The upwards trend was expected to resume. A higher high and a higher low fits this expectation. Targets remain the same. Summary: The upwards trend should resume. The mid-term target remains the same at 3,010. The final target remains the same at 3,045. Only a new low...
by Lara | Mar 1, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement has overall continued as the week expected, but the weekly candlestick has closed as a doji and price ended the week with mostly sideways movement. Summary: The bottom line at the end of the week is price is range bound. To indicate the next movement...
by Lara | Feb 5, 2019 | S&P 500, S&P 500 + DJIA |
Again, upwards movement has continued exactly as last analysis expected. The Elliott wave count has support from classic technical analysis. Summary: The target for more upwards movement is at 2,804 (Elliott wave) or 2,881 (classic analysis). At about one of these...
by Lara | Jan 11, 2019 | S&P 500, S&P 500 + DJIA |
Analysis has expected upwards movement, which has continued all week. Today’s analysis looks at measures of internal strength of the market to determine if this bounce should continue or if it could be complete. Summary: For the short term, now expect more...
by Lara | Dec 8, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement for Friday remains just above the invalidation point and on the support line. Two alternate Elliott wave counts are published for members today. Summary: The main wave count will expect support at the teal trend line to continue to hold. Assume...
by Lara | Nov 13, 2018 | S&P 500, S&P 500 + DJIA |
More downwards movement was expected for the short term. Summary: A short-term target for downwards movement to end is about 2,672. Five daily charts today look at five different structures for primary wave 4, in order of probability (roughly): triangle, combination,...
