by Lara | Dec 12, 2017 | S&P 500, S&P 500 + DJIA |
A new all time high has confirmed the alternate hourly Elliott wave count. The target will remain the same. The AD line and VIX are both giving a signal today for what may happen tomorrow. Summary: With a new all time high and some small support from volume today, we...
by Lara | Nov 9, 2017 | S&P 500, S&P 500 + DJIA |
A sharp downwards movement today remained above the invalidation point on the main hourly Elliott wave count, and the long lower wick on this candlestick is interpreted as bullish. Although bears were able to push price sharply lower, they could not hold the lows and...
by Lara | Feb 1, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday’s session, and that is what has happened. The main Elliott wave count remains the same and the alternate Elliott wave count remains possible. Summary: Again, it is increasingly likely today that the next wave up has...
by Lara | Jul 25, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement to below 2,168.98 but not below 2,159.75 was expected as most likely by the main Elliott wave count for Monday. Price moved lower to reach 2,161.94. Summary: A small pennant or Elliott wave triangle may have ended today. This should be followed by a...
by Lara | Jul 6, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Wednesday’s session, but this is not what happened. Price remains below the invalidation point on the hourly Elliott wave chart. Summary: Downwards movement should continue from here with lower lows and lower highs. In the...
by Lara | Jun 14, 2016 | S&P 500, S&P 500 + DJIA |
A bounce was again expected for Tuesday but did not happen. Summary: The trend is down; look out for surprises to the downside. There is now enough technical indication of a trend change for a short position to be entered. Corrections are an opportunity to join the...
by Lara | May 25, 2016 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected to a target at 2,099 or resistance at the bear market trend line. Price has stopped for the session right at the trend line. Summary: Upwards movement is either over today or it may end slightly higher tomorrow. A breach of the green...
by Lara | Feb 27, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely, but an end to the bounce was unconfirmed. Price moved slightly higher before turning down to complete a small red candlestick. Summary: Upwards movement is still more likely over than not, but this is unconfirmed. A new...
by Lara | Oct 13, 2015 | S&P 500, S&P 500 + DJIA |
Downwards / sideways movement was expected for Tuesday’s session to complete a red candlestick or doji. A red candlestick for Tuesday completed which fits the Elliott wave counts perfectly. Summary: The correction is incomplete. Downwards / sideways movement...