by Lara | Jan 7, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected for the main Elliott wave count. The alternate Elliott wave count still remains valid, but it does not have support from classic technical analysis at this time. Summary: A low may now be in place. Confidence in this view may be...
by Lara | Dec 1, 2018 | S&P 500, S&P 500 + DJIA |
A short-term pullback was expected to begin on Friday, but this did not eventuate. Overall, an upwards trend was expected to be in place and this continues. The target remains the same. Summary: For the very short term, upwards movement looks most likely to continue...
by Lara | Nov 7, 2018 | S&P 500, S&P 500 + DJIA |
More upwards movement fits the mid-term expectation for the Elliott wave count, although another test of support was expected first. Summary: The target for this bounce to end is now 2,853. If this target is wrong, it may be too low; a range for a possible high is...
by Lara | Oct 13, 2018 | S&P 500, S&P 500 + DJIA |
An inside day closes red. The candlestick for Friday offers a clue as to what looks most likely for Monday. Summary: After a small bounce up to about 2,800, look for another wave down to support about 2,700. Look for a candlestick reversal pattern, or an instance of...
by Lara | Sep 13, 2018 | S&P 500, S&P 500 + DJIA |
Again, price continues to move higher as the main Elliott wave count has been expecting for this week. The target is calculated using Elliott wave and classic technical analysis methods. Summary: The pullback looks like it is over. There is a bullish engulfing...
by Lara | Aug 21, 2018 | S&P 500, S&P 500 + DJIA |
A small range upwards day completes a significant candlestick pattern. This is analysed today in context with signals from On Balance Volume and the AD line. Summary: A Gravestone Doji today is a strong warning that a pullback may begin here. If it does, then the...
by Lara | Jul 28, 2018 | S&P 500, S&P 500 + DJIA |
For the very short term, for Friday’s session, a pullback to about 2,828 was expected. A pullback did unfold but was deeper than expected, reaching 2,808. Summary: Look out for some consolidation next week before the resumption of the upwards trend. The bigger...
by Lara | Jul 10, 2018 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected for Tuesday’s session, which is exactly what happened. Summary: The AD line and On Balance Volume both continue to make new all time highs. Expect upwards movement to continue. Today’s candlestick reversal pattern with...
by Lara | Jun 7, 2018 | S&P 500, S&P 500 + DJIA |
Further upwards movement continues as expected with a higher high and a higher low for the session. The AD line continues to provide reliable signals. Summary: The short term target is at 2,824 or 2,915. The mid to longer term target is at 2,922 (Elliott wave) or...
