by Lara | Oct 30, 2018 | S&P 500, S&P 500 + DJIA |
The first Elliott wave count, which was slightly preferred, expected upwards movement for Tuesday’s session, which is what has happened. Summary: There is now a bullish candlestick reversal pattern at the low. A breakout of the blue Elliott / best-fit channel on...
by Lara | Oct 29, 2018 | S&P 500, S&P 500 + DJIA |
Another new low indicated further downwards movement. The target is not yet met. Three short-term Elliott wave counts are provided today. Summary: A new breakout of the blue Elliott / best fit channel and then a new high above 2,706.85 would indicate a low would most...
by Lara | Oct 2, 2018 | S&P 500, S&P 500 + DJIA |
Another inside day comes with a small signal from the AD line. Summary: At this stage, it would be best to let price tell us if primary wave 3 is over or not. While price remains above 2,864.12, then this may still be another pullback within an ongoing upwards trend....
by Lara | Sep 28, 2018 | S&P 500, S&P 500 + DJIA |
It was expected for Friday that price may move lower, which is what happened. Summary: At this stage, it would be best to let price tell us if primary wave 3 is over or not. Long upper candlestick wicks and a bearish short term volume profile support the idea that...
by Lara | Sep 8, 2018 | S&P 500, S&P 500 + DJIA |
Volume and ATR are used in this end of week analysis to analyse downwards movement for strength or weakness. Both Elliott wave counts remain valid, and there is a clear price point which differentiates them. Summary: The probability of the bearish wave count must now...
by Lara | Sep 5, 2018 | S&P 500, S&P 500 + DJIA |
Identified support at the last gap remains open today, but only just. A clear price point is given to members, which will indicate a change from bull to bear if it is passed. Summary: The trend is up. Assume the trend remains the same while price remains above...
by Lara | Aug 15, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected that a new low below 2,819.88 would see a pullback to end below 2,796.13. The low for the day was 2,802.49, just above 2,796.13. Summary: It still looks most likely that price may continue sideways for another two to few days to...
by Lara | Aug 13, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement continued for Monday exactly as was expected for the short term from last Friday’s analysis. Summary: Today’s bearish daily candlestick along with bearish divergence between price and both of inverted VIX and the AD line indicate this...
by Lara | Jul 2, 2018 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected upwards movement, which is what has happened for Monday. Signals today from all of On Balance Volume, inverted VIX and the AD line are all in agreement over the direction for the short term. Summary: A bullish signal from On...
