by Lara | Mar 18, 2019 | S&P 500, S&P 500 + DJIA |
Now that price has broken above resistance more upwards movement was expected. The Elliott wave target remains the same. Summary: A close above resistance at 2,815 (November 2018 highs) on an upwards day with support from volume is a classic upwards breakout. A third...
by Lara | Feb 22, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as last analysis expected it to. Summary: Upwards movement is slowing now it has reached a strong zone of resistance about 2,800 to 2,815. A new first target for the trend to be interrupted is at 2,814. If price reaches 2,814 and the...
by Lara | Feb 21, 2019 | S&P 500, S&P 500 + DJIA |
Today’s small pullback is analysed for internal strength or weakness. The Elliott wave count is adjusted for the short term while the mid-term target remains the same. Summary: The target is at 2,856. If the target is wrong, it may be too high; there is very...
by Lara | Jan 29, 2019 | S&P 500, S&P 500 + DJIA |
Another small range day remains tightly constrained between support and resistance. A developing pattern suggests the direction for a breakout. Targets may be calculated using an Elliott wave count, Fibonacci ratios and classic analysis. Summary: A small pennant...
by Lara | Jan 28, 2019 | S&P 500, S&P 500 + DJIA |
Price has essentially moved sideways for Monday’s session, which is what the Elliott wave count expected. Summary: The first large correction within cycle wave V may have arrived. It may be labelled either intermediate wave (1) or primary wave 1. Classic...
by Lara | Jan 4, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for last week, which is exactly what has happened. Both Elliott wave counts remain valid, but the main Elliott wave count has more support from classic technical analysis, particularly market breadth. Summary: A low may now be in place....
by Lara | Dec 28, 2018 | S&P 500, S&P 500 + DJIA |
Two Elliott wave counts are published now for members. The main Elliott wave count has slightly more support from classic technical analysis. Summary: A low may now be in place. Confidence in this view may be had if price makes a new high above 2,631.09. It it does,...
by Lara | Nov 29, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement again continued as the main Elliott wave count expected. Today the AD line and VIX give a signal for tomorrow’s direction. Fibonacci ratios are used as targets. Summary: A target for the next wave up is 2,973. For the short term, a small...
by Lara | Nov 28, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected as most likely for Wednesday. The target on the main Elliott wave count remains the same. Summary: A target for the next wave up is 2,973. Some reasonable confidence in an upwards trend may be had today. The main wave count now expects...
