by Lara | Jul 16, 2018 | S&P 500, S&P 500 + DJIA |
Sideways movement for Monday’s session remains within the Elliott wave channel on the hourly chart. Four signals in a row from the AD line prompt a new hourly Elliott wave count. Summary: Overall, expect the upwards trend to continue. For the short term, look...
by Lara | Jun 25, 2018 | S&P 500, S&P 500 + DJIA |
A new low below 2,742.24 at the start of the session indicated an alternate Elliott wave count was correct, which expected a deeper pullback to about 2,721. Price moved lower to reach down to 2,698.67. Summary: It looks likely that price may bounce strongly from here....
by Lara | Jun 18, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to begin the new week. Monday’s candlestick has closed green, but the strong gap downwards saw a lower low and a lower high, the definition of downwards movement. Today the AD line gives another signal. Summary: Price moved lower...
by Lara | May 17, 2018 | S&P 500, S&P 500 + DJIA |
A new signal today from the AD line requires a new Elliott wave count for the short term expectation. The new Elliott wave count has a new short term target. Summary: A new all time high from the AD line is very bullish. Expect upwards movement as most likely...
by Lara | Apr 14, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected again for Friday. The session began with a gap higher, but thereafter moved lower to close red. Price remains above the invalidation point. Summary: A new low below 2,639.25 would indicate more downwards movement, and the target would be...
by Lara | Mar 24, 2018 | S&P 500, S&P 500 + DJIA |
The first target for downwards movement was 2,612, and thereafter the 200 day moving average at 2,584. Price ended very close to the 200 day moving average for the session at 2,588. Summary: The target for downwards movement to end Monday or Tuesday is 2,565 –...
by Lara | Mar 13, 2018 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected. This is how the session began, with a new high in the first hour, but thereafter there was a steady fall in price. A new hourly wave count is published today. Summary: Expect downwards movement now for at least a few days. It could...
by Lara | Mar 2, 2018 | S&P 500, S&P 500 + DJIA |
More downwards movement was expected. This is how the session began with a new low. Summary: A bounce to either 2,701 or 2,735 may continue on Monday. It could be over within Monday’s session, or it could take a few days with choppy and sideways movement. When...
by Lara | Feb 10, 2018 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
More downwards movement for Friday was expected. Summary: A low may now be in place. Some confidence may be had in this view if price breaks above the yellow channel on the hourly chart. A target would then be at 3,020. Always practice good risk management. Always...
