by Lara | Mar 25, 2020 | S&P 500, S&P 500 + DJIA |
S&P 500: Elliott Wave and Technical Analysis | Charts – March 25, 2020 Another upwards day, which has support from volume, supports the Elliott wave count. Summary: Primary wave B may have begun. It may be either a quick sharp bounce or a long lasting sideways...
by Lara | Mar 2, 2020 | S&P 500, S&P 500 + DJIA |
A strong bounce to start the week has unfolded as last analysis expected. Summary: There is no evidence to suggest the larger bull market is over. The current pullback is very deep and not likely to be finished yet. At its conclusion, it may present a good buying...
by Lara | Feb 5, 2020 | S&P 500, S&P 500 + DJIA |
A little more upwards movement was expected for the short term, which is exactly what has happened. Today members have two Elliott wave counts, with the main wave count having more support from classic technical analysis. Summary: A pullback or consolidation is...
by Lara | Jan 10, 2020 | S&P 500, S&P 500 + DJIA |
All week this analysis has expected more upwards movement as most likely, which is what has happened. The target remains the same. Summary: The next target is at 3,289. It is possible that minor wave 3 could be over. Some confidence in this view may be had with a new...
by Lara | Dec 12, 2019 | S&P 500, S&P 500 + DJIA |
An upwards breakout with support from volume indicates the pullback is over and the upwards trend has resumed. Summary: The upwards breakout suggests minor 4 has not yet arrived. The target for it to arrive is at 3,179, but this may be too low. Thereafter, the next...
by Lara | Nov 19, 2019 | S&P 500, S&P 500 + DJIA |
Overall, price continues to move higher towards the Elliott wave target, which remains the same. Summary: Tomorrow may see a small pullback to about 3,107. Thereafter, the upwards trend should resume. The next target at 3,179 is where minor wave 4 may begin (expect it...
by Lara | Oct 25, 2019 | S&P 500, S&P 500 + DJIA |
A new all time high for the S&P500 was expected as likely this week. While price has not managed to make a new all time high, Friday’s high is just 0.59 points short. Strength in upwards movement fits the Elliott wave count. Summary: Upwards movement may...
by Lara | Oct 2, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s summary advised members to take the alternate Elliott wave count seriously. A new low below 2,931 invalidated the main Elliott wave count and provided confidence in the alternate Elliott wave count. At that stage, the targets were 2,923 or 2,898.47....
by Lara | Sep 9, 2019 | S&P 500, S&P 500 + DJIA |
An outside day with a new high comes with support from rising market breadth. The Elliott wave count remains the same. Summary: An upwards breakout above 2,940 with support from volume adds confidence in the wave count. The next target is 3,120. Classic analysis very...
