by Lara | Mar 24, 2020 | Uncategorized |
S&P 500: Elliott Wave and Technical Analysis | Charts – March 24, 2020 Strong upwards movement completes a 90% up day. Technical analysis of the last low suggests a new Elliott wave count today. Summary: Primary wave B may have begun today. It may be either a...
by Lara | Mar 23, 2020 | Uncategorized |
S&P 500: Elliott Wave and Technical Analysis | Charts – March 23, 2020 Downwards movement continued with the new trading week, which is exactly what the main Elliott wave count had expected. Summary: It may be safest to assume the downwards trend remains intact...
by Lara | Feb 29, 2020 | Uncategorized |
by Lara | Feb 29, 2020 | Uncategorized |
Downwards movement continued for Friday as last analysis expected. While this fall in price this week has been dramatic, it should be viewed in the larger context of the bull market that began in March 2009. Analysis of the current pullback in context of recent prior...
by Lara | Feb 27, 2020 | Uncategorized |
A new low below 3,027.98 invalidates an impulse unfolding upwards and suggests this big fifth wave may be an ending expanding diagonal. Diagonals are not as common as impulses in fifth wave positions, and so until an impulse is invalidated a diagonal should always be...
by Lara | Feb 4, 2020 | Uncategorized |
A bounce was expected to continue higher for Tuesday, which is what has happened. How high this bounce goes may begin to indicate what Elliott wave structure may be unfolding. Summary: A pullback or consolidation is underway. It may continue now through to the end of...
by Lara | Feb 3, 2020 | Uncategorized |
For the very short term, a small bounce within this consolidation was expected as most likely to begin on Monday. This is exactly what has happened. Summary: A pullback or consolidation is underway. It may continue now through to the end of this week and possibly a...
by Lara | Jan 9, 2020 | Uncategorized |
Upwards movement continues towards the target as expected. The main Elliott wave count remains bullish, at least for the short term. Summary: If price continues higher, then the next target is at 3,289. It is possible that minor wave 3 could be over. Some confidence...
by Lara | Jan 8, 2020 | Uncategorized |
Yesterday’s main Elliott wave count expected upwards movement to continue. The target remains the same. Summary: At this stage, it is possible that minor wave 3 could be over. Confidence in this view is required with a new low below 3,244.91. If price continues...
