by Lara | Oct 23, 2019 | S&P 500, S&P 500 + DJIA |
Today’s signals from the AD line and inverted VIX indicate a likely direction for price tomorrow. Summary: Upwards movement may continue here to new all time highs soon. The next target is at 3,120. For the very short term, a new low below 2,976.31 would...
by Lara | Oct 21, 2019 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected before the upwards trend resumed. With price moving higher on Monday, the upwards trend may have resumed more quickly than expected. Summary: Upwards movement may continue here to new all time highs this week. The next...
by Lara | Oct 5, 2019 | S&P 500, S&P 500 + DJIA |
A new high above 2,952.86 adds confidence to the main wave count. Summary: A new high above 2,952.86 at the end of Friday’s session adds confidence to the main wave count. The next target is at 3,120. Further confidence that a low is in place and price should...
by Lara | Sep 30, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to begin the new week. The Elliott wave target remains the same. The breakaway gap continues to provide support. Summary: The upwards trend to new all time highs may resume. The next target is 3,120. A new low below 2,931 would indicate a...
by Lara | Sep 26, 2019 | S&P 500, S&P 500 + DJIA |
An inside day closes red. Upwards movement was expected today. Price remains above the short-term invalidation point, and the session ended strongly. Summary: The upwards trend to new all time highs may now resume. The next target is 3,120. A new low below 2,931 would...
by Lara | Sep 11, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues exactly as expected. Today the Elliott wave analysis has strong support from the AD line and On Balance Volume. Summary: The next target is 3,120. Classic analysis very strongly supports this main wave count. The biggest picture, Grand Super...
by Lara | Sep 5, 2019 | S&P 500, S&P 500 + DJIA |
An upwards breakout from a consolidation was expected. The Elliott wave target remains the same. The main Elliott wave count has very strong support from classic technical analysis, particularly the AD line. Summary: An upwards breakout above 2,940 with support from...
by Lara | Sep 3, 2019 | S&P 500, S&P 500 + DJIA |
Price remains range bound with resistance about 2,940 and support about 2,920. The breakout is still expected to be in the same direction. Targets remain the same. Summary: An upwards breakout above 2,940 with support from volume would add confidence in the main wave...
by Lara | Aug 17, 2019 | S&P 500, S&P 500 + DJIA |
For the short term, a small amount of upwards movement to either 2,871 or 2,898 was expected for Friday. Upwards movement reached 2,893.63. Summary: Two short to mid-term bearish wave counts (main daily chart and alternate daily chart) expect a very little upwards...
