by Lara | Apr 30, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 30, 2021 Price has closed back within a prior consolidation zone. The main Elliott wave count still has the same target. The alternate Elliott wave count remains valid. Summary: The wave count expects...
by Lara | Apr 29, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 29, 2021 Today has effected an upwards breakout from a consolidation zone with a close above resistance. Summary: The wave count expects a third wave at three large degrees may have moved through its...
by Lara | Apr 27, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 27, 2021 Another very small range day closes as a small red doji. Both short-term Elliott wave counts remain essentially the same. Summary: The wave count expects a third wave at three large degrees...
by Lara | Mar 22, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – March 22, 2021 An upwards day remains below the last high. Both hourly Elliott wave counts remain valid. Summary: The main wave count (daily and weekly) expects the low of the 30th of October to not be...
by Lara | Mar 18, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – March 18, 2021 A strong downwards movement at the end of the session necessitates the degree of this pullback being labelled higher. The short and mid-term invalidation points remain intact. Summary: Both...
by Lara | Feb 25, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – February 25, 2021 A strong downwards day completes an 80% down day. This fits the alternate Elliott wave count for the short term. Summary: The last pullback may still be over. If it continues further, then...
by Lara | Feb 23, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – February 23, 2021 Another downwards day ends with a strong bounce to close green. The opening gap is closed and the daily candlestick has a long lower wick. This supports the main hourly wave count. Summary:...
by Lara | Feb 2, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – February 2, 2021 The Elliott wave count expected upwards movement again as price bounced up from just below a long held channel. The session has unfolded as expected. Summary: Both main and alternate wave...
by Lara | Jan 29, 2021 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – January 29, 2021 Downwards movement on Friday may be a continuation of a fourth wave correction. Summary: Both main and alternate wave counts expect the low of the 30th of October to not be breached for many...