by Lara | Mar 14, 2019 | S&P 500, S&P 500 + DJIA |
A very small range inside day is inconclusive. The short-term structure on the hourly chart prompts another way to look at the alternate Elliott wave count today. Summary: A new target for upwards movement to be interrupted by a larger correction is now about 2,896....
by Lara | Feb 27, 2019 | S&P 500, S&P 500 + DJIA |
Today both inverted VIX and the AD line give signals for the next direction of price tomorrow. Summary: The bigger picture still expects that a low may now be in place. The final target is at 3,045 with a limit at 3,477.39. Along the way up to the final target, two...
by Lara | Feb 21, 2019 | S&P 500, S&P 500 + DJIA |
Today’s small pullback is analysed for internal strength or weakness. The Elliott wave count is adjusted for the short term while the mid-term target remains the same. Summary: The target is at 2,856. If the target is wrong, it may be too high; there is very...
by Lara | Feb 19, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected and the target remains the same. Summary: The target is at 2,856. If the target is wrong, it may be too high; there is very strong resistance just above at 2,800 to 2,815. The upwards trend should be assumed to continue as long...
by Lara | Feb 2, 2019 | S&P 500, S&P 500 + DJIA |
More upwards movement has unfolded as expected. The Elliott wave and classic analysis targets remain the same. Summary: The target for more upwards movement is at 2,804 (Elliott wave) or 2,881 (classic analysis). At about one of these targets a large pullback for a...
by Lara | Jan 28, 2019 | S&P 500, S&P 500 + DJIA |
Price has essentially moved sideways for Monday’s session, which is what the Elliott wave count expected. Summary: The first large correction within cycle wave V may have arrived. It may be labelled either intermediate wave (1) or primary wave 1. Classic...
by Lara | Jan 24, 2019 | S&P 500, S&P 500 + DJIA |
A small inside day fits both Elliott wave counts. Summary: The first large pullback within cycle wave V may have arrived. It may be labelled either intermediate wave (1) or primary wave 1. The target is at 2,472, which may be met in three or five weeks. It is also...
by Lara | Jan 9, 2019 | S&P 500, S&P 500 + DJIA |
More upwards movement has unfolded, which is what was expected for the bigger picture. Summary: For the very short term, a small pullback may find support about the lower edge of the base channel on the hourly chart. It may last about one to three days and may end...
by Lara | Dec 28, 2018 | S&P 500, S&P 500 + DJIA |
Two Elliott wave counts are published now for members. The main Elliott wave count has slightly more support from classic technical analysis. Summary: A low may now be in place. Confidence in this view may be had if price makes a new high above 2,631.09. It it does,...
