by Lara | Jul 25, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s main Elliott wave count expected more upwards movement. Also, yesterday’s analysis stated that I struggled to see a bearish alternate, despite bearish signals from the AD line. Today, a strong upwards day fits the Elliott wave count perfectly....
by Lara | Jul 12, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues towards the Elliott wave and classic technical analysis targets. Summary: Another small pullback looks to be over at yesterday’s low. Support today from volume with another all time high for On Balance Volume suggest some strength to...
by Lara | Jul 5, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected from the main Elliott wave count. Summary: The AD line today makes a new all time high. This is extremely bullish. Today’s candlestick has a long lower wick and closes very close to highs. Expect upwards movement as most...
by Lara | Jul 2, 2018 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected upwards movement, which is what has happened for Monday. Signals today from all of On Balance Volume, inverted VIX and the AD line are all in agreement over the direction for the short term. Summary: A bullish signal from On...
by Lara | Jun 25, 2018 | S&P 500, S&P 500 + DJIA |
A new low below 2,742.24 at the start of the session indicated an alternate Elliott wave count was correct, which expected a deeper pullback to about 2,721. Price moved lower to reach down to 2,698.67. Summary: It looks likely that price may bounce strongly from here....
by Lara | Jun 12, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected a brief shallow pullback. A small range day, closing as a doji candlestick, perfectly fits this expectation with a slightly lower high and slightly lower low. Summary: It looks slightly more likely that this small pullback may continue sideways...
by Lara | Jun 5, 2018 | S&P 500, S&P 500 + DJIA |
The session began with a new high and then continued overall sideways to close as a doji. The AD line gives another strong signal today. Summary: The short term target is at 2,824 or 2,915. The mid to longer term target is at 2,922. The final target for this bull...
by Lara | Jun 2, 2018 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count in last analysis expected upwards movement. This is exactly what is happening. Summary: While price remains above 2,700.68, assume a third wave may be unfolding. The short term target is at 2,824 or 2,915. The mid to longer term target is...
by Lara | May 9, 2018 | S&P 500, S&P 500 + DJIA |
The last main Elliott wave count expected upwards movement to continue. An important trend line has been breached today, and the AD line is very close to providing a major signal. Summary: The target is now at 2,922. Have some confidence that an upwards trend is most...
