by Lara | Oct 18, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected to continue but did not happen. There are three Elliott wave counts today. Classic technical analysis favours the first two. Summary: For the short term, tomorrow may see more downwards movement. The target is at support about...
by Lara | Sep 19, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the main Elliott wave count expects. A strong new signal today from On Balance Volume supports the main Elliott wave count. Summary: The pullback looks like is over. On Balance Volume makes a strong, new all time high today on the daily...
by Lara | Aug 27, 2018 | S&P 500, S&P 500 + DJIA |
Price continues higher exactly as the Elliott wave count expects. Members were warned at the end of last week to look out for strength in upwards movement. With a strong gap higher and an increase in slope of upwards movement, that is what is happening so far....
by Lara | Aug 2, 2018 | S&P 500, S&P 500 + DJIA |
An outside day fits all three short term Elliott wave counts. Volume, On Balance Volume and the AD line will be used today to determine if the consolidation is likely over or may continue. Summary: Assume that while price remains above 2,791.47 either a shallow...
by Lara | Jun 16, 2018 | S&P 500, S&P 500 + DJIA |
A green daily candlestick was expected for Friday’s session. Although the candlestick printed green, the session saw a lower low that was not expected. Overall, the Elliott wave count remains the same with price remaining well above the invalidation point. The...
by Lara | Jun 14, 2018 | S&P 500, S&P 500 + DJIA |
A consolidation was expected to end about 2,769. Sideways movement overall fits the form of a consolidation, although it has turned out so far to be more shallow than expected. Summary: It looks most likely that the correction is over today. Tomorrow looks most likely...
by Lara | Jun 9, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues exactly as the main Elliott wave count and classic technical analysis expect. When classic technical analysis offers strong support to the Elliott wave count, then confidence may be had in the analysis overall. Summary: The short term target...
by Lara | May 26, 2018 | S&P 500, S&P 500 + DJIA |
A small inside day fits the Elliott wave count. At the end of the week, VIX and the AD line and On Balance Volume are all giving signals which are in agreement. Summary: Bearish signals at the end of the week from VIX and the AD line and On Balance Volume all favour...
by Lara | May 24, 2018 | S&P 500, S&P 500 + DJIA |
A lower low and a lower high fits the definition of downwards movement, which is what was expected for the session. Summary: The main Elliott wave count expects some sideways movement for another few days, with support remaining about 2,701. An alternate Elliott wave...
