by Lara | Apr 25, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the session. The session began with a sharp fall, which was then followed by a steady rise to close above the open. Summary: Today’s low may be the end of a multi week consolidation. A new bull run may begin here to a target at...
by Lara | Apr 23, 2018 | S&P 500, S&P 500 + DJIA |
Short term movement fits the Elliott wave count at the hourly chart level very well. The target remains the same. Summary: Look out for most likely upwards movement tomorrow to a short term target at 2,694 – 2,696. If price moves above the target, look for very...
by Lara | Apr 10, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected, and that is what happened today. The target remains the same. A signal today from On Balance Volume offers a clue as to a likely direction tomorrow for price. Summary: If resistance about 2,670 – 2,675 can be overcome, then...
by Lara | Apr 5, 2018 | S&P 500, S&P 500 + DJIA |
Again, upwards movement continues as expected from last analysis. Summary: Expect upwards movement this week. The target is now a range within 2,752 – 2,766. When there is more upwards structure to analyse, then a smaller target may be calculated. Another...
by Lara | Apr 4, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected from last analysis. The target remains the same. Summary: Expect upwards movement this week. The target is now a range within 2,752 – 2,766. When there is more upwards structure to analyse, then a smaller target may be...
by Lara | Apr 2, 2018 | S&P 500, S&P 500 + DJIA |
There were conflicting signals in last analysis from the AD line and On Balance Volume. The direction for Monday was unclear. A new low below 2,585.89 indicated more downwards movement, with the first target at 2,561. The low for Monday was 7.2 points below the...
by Lara | Mar 19, 2018 | S&P 500, S&P 500 + DJIA |
A bounce was expected to continue for one to a few days, before downwards movement resumed, but the bounce was over already and downwards movement resumed a little earlier than anticipated. A target may now be calculated. Summary: The short term target for downwards...
by Lara | Mar 14, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected to continue for Wednesday, which is exactly what has happened. Summary: Expect downwards movement now for at least a few days. It could be choppy, overlapping and weak. Or it could be a strong downwards wave. Have some confidence in a...
by Lara | Feb 22, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Thursday’s session, which is what has happened. Summary: The larger trend is up. The next target is at 3,020. Bullish signals today from the AD line and inverted VIX indicate the pullback is likely over. Always practice good...