by Lara | Jul 11, 2019 | S&P 500, S&P 500 + DJIA |
A small Doji candlestick today completes an inside day. Summary: The bull market is expected to continue and corrections are expected to be shallow. A pullback looks still most likely to continue from here. It may find support at the lower edge of the best fit...
by Lara | Jun 19, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement has continued for the session as expected. The Elliott wave counts remain the same. Summary: The low of December 2018 is expected to most likely remain intact. New all time highs are expected soon. The next short-term target is at 3,068 (Elliott wave)...
by Lara | Jun 17, 2019 | S&P 500, S&P 500 + DJIA |
More sideways movement was expected to begin the new week. A small range Doji candlestick exactly fits this expectation. A target for this consolidation to end may now be calculated. Summary: The low of December 2018 is expected to most likely remain intact. The...
by Lara | May 23, 2019 | S&P 500, S&P 500 + DJIA |
A downwards swing failed to make a new low today. Three out of four short-term Elliott wave counts now remain valid. Summary: The low of December 2018 is expected to remain intact, and this pullback is expected to be followed by a strong third wave up to new all time...
by Lara | May 2, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave count expected more downwards movement, and this view had support from a Bearish Engulfing candlestick reversal pattern on the daily chart. For today’s session, more downwards movement is what has occurred. Summary: Primary wave 3...
by Lara | Apr 30, 2019 | S&P 500, S&P 500 + DJIA |
Overall, upwards movement continues as expected. The Elliott wave target remains the same. Two hourly charts are published today for the short-term picture. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next...
by Lara | Apr 8, 2019 | S&P 500, S&P 500 + DJIA |
A new high for Monday continues the upwards trend. The Elliott wave count remains the same and the target from the pennant pattern has not yet been met. Summary: The upwards trend should continue. The mid-term Elliott wave target remains the same at 3,010 and the...
by Lara | Apr 4, 2019 | S&P 500, S&P 500 + DJIA |
The upwards trend was expected to continue. An inside day today closes green, and the balance of volume was upwards. Elliott wave and classic analysis targets remain the same. Summary: The upwards trend should continue. The mid-term Elliott wave target remains the...
by Lara | Mar 14, 2019 | S&P 500, S&P 500 + DJIA |
A very small range inside day is inconclusive. The short-term structure on the hourly chart prompts another way to look at the alternate Elliott wave count today. Summary: A new target for upwards movement to be interrupted by a larger correction is now about 2,896....
