by Lara | Aug 20, 2018 | S&P 500, S&P 500 + DJIA |
A very small upwards day fits short term expectations exactly. The main Elliott wave count remains the same and has support from the short term volume profile. Summary: Look for a final small pullback that may take one to three days to unfold and may end about 2,824....
by Lara | Aug 19, 2018 | S&P 500, S&P 500 + DJIA |
Another upwards day fits expectations for the short term picture. At the end of this week, strong signals from the AD line reinforce the long term Elliott wave count. Summary: Overall, it still looks most likely that a small Elliott wave triangle may complete early...
by Lara | Jul 26, 2018 | S&P 500, S&P 500 + DJIA |
A small inside day gives a candlestick pattern that may suggest short term movement for the next one to very few sessions. Another signal today from the AD line adds confidence to the Elliott wave count at the daily chart level and the bigger picture. Summary: A new...
by Lara | Jul 25, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s main Elliott wave count expected more upwards movement. Also, yesterday’s analysis stated that I struggled to see a bearish alternate, despite bearish signals from the AD line. Today, a strong upwards day fits the Elliott wave count perfectly....
by Lara | Jul 6, 2018 | S&P 500, S&P 500 + DJIA |
A strong upwards day exactly fits expectations from the Elliott wave count. At the end of the week, there is strong support for the Elliott wave count from the AD line and On Balance Volume. Summary: The AD line and On Balance Volume both make new all time highs. It...
by Lara | Jul 5, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected from the main Elliott wave count. Summary: The AD line today makes a new all time high. This is extremely bullish. Today’s candlestick has a long lower wick and closes very close to highs. Expect upwards movement as most...
by Lara | Jun 6, 2018 | S&P 500, S&P 500 + DJIA |
A strong upwards day fits expectations perfectly. The Elliott wave count has good support from classic technical analysis. Summary: The short term target is at 2,824 or 2,915. The mid to longer term target is at 2,922. The final target for this bull market to end...
by Lara | Jun 5, 2018 | S&P 500, S&P 500 + DJIA |
The session began with a new high and then continued overall sideways to close as a doji. The AD line gives another strong signal today. Summary: The short term target is at 2,824 or 2,915. The mid to longer term target is at 2,922. The final target for this bull...
by Lara | May 4, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis again expected upwards movement, which is exactly how the week ended, with a strong green candlestick for Friday. Summary: The target is now at 2,922. Traders with a lower risk appetite may set stops just below yesterday’s low. For those...
