by Lara | Jun 28, 2018 | S&P 500, S&P 500 + DJIA |
Some more downwards movement, at least for the start of the session, was expected. This is exactly what happened. Summary: If price makes a new high above 2,743.19, then some confidence may be had that a low is in place. The target would be about 2,849 for the next...
by Lara | Jun 2, 2018 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count in last analysis expected upwards movement. This is exactly what is happening. Summary: While price remains above 2,700.68, assume a third wave may be unfolding. The short term target is at 2,824 or 2,915. The mid to longer term target is...
by Lara | May 30, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s main hourly Elliott wave count expected a low was in place and price should move higher the following session. This is so far exactly what is happening. The AD line gives a very important signal today, which should not be ignored and will be given...
by Lara | May 2, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. The market opened on a gap higher and thereafter moved lower, remaining above the short term invalidation point on the hourly chart. Summary: The short term target is at 2,730. The mid / long term target is at 2,940. This analysis...
by Lara | Apr 23, 2018 | S&P 500, S&P 500 + DJIA |
Short term movement fits the Elliott wave count at the hourly chart level very well. The target remains the same. Summary: Look out for most likely upwards movement tomorrow to a short term target at 2,694 – 2,696. If price moves above the target, look for very...
by Lara | Apr 21, 2018 | S&P 500, S&P 500 + DJIA |
A new low below 2,671.17 indicated a deeper pullback was underway. Summary: A pullback may continue towards 2,587 – 2,578. There should be a bounce for a B wave on the way down that may turn up Monday or Tuesday. When this pullback is done, then a new bull run...
by Lara | Apr 2, 2018 | S&P 500, S&P 500 + DJIA |
There were conflicting signals in last analysis from the AD line and On Balance Volume. The direction for Monday was unclear. A new low below 2,585.89 indicated more downwards movement, with the first target at 2,561. The low for Monday was 7.2 points below the...
by Lara | Mar 8, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded for Thursday’s session as expected. A new short term target is calculated at two wave degrees. Summary: Expect now for the short term a little more upwards movement to end about 2,754- 2,758. Thereafter, look for a few days of...
by Lara | Feb 20, 2018 | S&P 500, S&P 500 + DJIA |
Some downwards movement has begun the new trading week exactly as expected from last Elliott wave and technical analysis. Summary: The larger trend is up. The next target is at 3,020. Downwards movement should continue tomorrow. This has support today from a bearish...
