by Lara | Jun 2, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 2, 2020 Price continues to move higher towards the second and last target. Summary: The next target is at 3,238. Use the lower edge of the Elliott channel to indicate where support may be found on the...
by Lara | May 29, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 29, 2020 The first target has been exceeded. Now attention turns to the second target. Summary: The next target is at 3,238. Use the lower edge of the Elliott channel to indicate where support may be...
by Lara | May 7, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 7, 2020 Analysis has expected that a B wave may be unfolding sideways or lower. A small range day closing as a small doji overall fits expectations. Summary: A downwards or sideways movement may continue...
by Lara | May 5, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 5, 2020 Analysis now expects that a B wave within a B wave has begun. A consolidation is expected to continue; the Elliott wave count suggests the breakout direction. Summary: A downwards or sideways...
by Lara | Apr 14, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 14, 2020 Upwards movement is continuing this week towards targets as expected since the 24th of March. Summary: The bounce may end about 2,934 this week. If this target is wrong, it may not be high...
by Lara | Mar 19, 2020 | S&P 500, S&P 500 + DJIA |
A small upwards day completes a spinning top candlestick. This session falls short of an 80% up day, so the main Elliott wave count remains most likely. Summary: It may be safest to assume the downwards trend remains intact while price remains below 2,553.93. The...
by Lara | Mar 17, 2020 | S&P 500, S&P 500 + DJIA |
A lower low and a lower high fits the definition of downwards movement, but the session spent most of the time moving price higher. The Elliott wave counts remain the same. Summary: A short-term target at 2,173 may be about where a bounce or consolidation may begin....
by Lara | Feb 25, 2020 | S&P 500, S&P 500 + DJIA |
A correction was expected for this week. A very strong downwards session remains within allowable limits for the Elliott wave count. Summary: The trend is up. Consolidations and pullbacks may last a few weeks but should be viewed in the bigger context of an ongoing...
by Lara | Feb 21, 2020 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Friday’s session, which is exactly what has happened. The Elliott wave count uses structure and alternation to indicate where price may find support and how long a correction may last. Summary: The trend is up. Consolidations...
