by Lara | Feb 3, 2018 | S&P 500, S&P 500 + DJIA |
A correction was expected to be incomplete and continue for a few more days. The first target at 2,796 was met and passed. The second target has not yet been met. Summary: Expect more downwards movement to begin next week. The target is at 2,749. In the short term, a...
by Lara | Jan 13, 2018 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Price continues higher as expected. Today, monthly charts are analysed and a new target is added. Summary: The next target is at 2,858, and at about that point a correction to last about two weeks is expected. The trend remains upwards. The long term target is still...
by Lara | Dec 8, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis expected for the very short term more upwards movement to about 2,650. Price did continue higher as expected, reaching 2,651.53. Summary: The main wave count expects downwards movement to begin next week to a target at either 2,599 or 2,586. If price...
by Lara | Oct 17, 2017 | S&P 500, S&P 500 + DJIA |
Bearish divergence continues today, which supports the expectation of a pullback. Summary: Bearish divergence continues with the AD line and VIX, so for this reason the expectation of a pullback beginning here will remain. While the trend remains up, look out for at...
by Lara | Sep 25, 2017 | S&P 500, S&P 500 + DJIA |
Price moved lower to break below the very close by invalidation point on the hourly chart. Summary: On Balance Volume and the AD line remain very bullish, supporting the main Elliott wave count. The next target is now at 2,521 to 2,526. It may be met in another 3...
by Lara | Sep 7, 2017 | S&P 500, S&P 500 + DJIA |
For the short term, downwards movement was expected for Thursday’s session. An inside day completes as a red daily candlestick, mostly meeting expectations but not as clear as hoped for. Summary: With the last wave up now looking very much like a three, have...
by Lara | Sep 5, 2017 | S&P 500, S&P 500 + DJIA |
A downwards swing was expected to begin the week. This is exactly what has happened. Summary: With the last wave up now looking very much like a three, have some confidence that primary wave 4 is underway. Look for price to move either sideways or lower with a lot of...
by Lara | Aug 17, 2017 | S&P 500, S&P 500 + DJIA |
The first hour of the session saw a break below the channel on the hourly Elliott wave charts. At that stage, downwards movement was expected, and an increase in downwards momentum was also expected. So far price is fulfilling those expectations. Summary: The short...
by Lara | Jun 7, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected to most likely be a small pullback within an ongoing upwards trend. The pullback has remained above the invalidation point, as expected. The target is slightly adjusted; the Elliott wave target is now only 2 points from the classic...