by Lara | Feb 20, 2018 | S&P 500, S&P 500 + DJIA |
Some downwards movement has begun the new trading week exactly as expected from last Elliott wave and technical analysis. Summary: The larger trend is up. The next target is at 3,020. Downwards movement should continue tomorrow. This has support today from a bearish...
by Lara | Feb 6, 2018 | S&P 500, S&P 500 + DJIA |
Price overshot a support line and has reversed strongly from just below it. Volume, RSI and the AD line today all point to the same direction next. Summary: Today’s classic analysis favours a low in place: a piercing pattern, long lower candlestick wick on the...
by Lara | Jan 31, 2018 | S&P 500, S&P 500 + DJIA |
A correction was expected to continue. Sideways movement in a small range to complete an outside day fits this expectation. Summary: A correction looks to be incomplete, so it may continue for a few more days. Targets for it to end are 2,796 or 2,749, with the higher...
by Lara | Jan 30, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis noted that bearish divergence between price and the AD line indicated a correction was not over. Sideways movement was expected, but price has moved lower. Summary: A correction looks to be incomplete, so it may continue for a few more days. Targets for...
by Lara | Jan 18, 2018 | S&P 500, S&P 500 + DJIA |
Sideways movement sees three wave counts still valid. The AD line and VIX are giving signals, and On Balance Volume may provide a signal tomorrow. Summary: Assume the upwards trend may remain intact and the next target for an interruption is at 2,840. Two alternates...
by Lara | Jan 13, 2018 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Price continues higher as expected. Today, monthly charts are analysed and a new target is added. Summary: The next target is at 2,858, and at about that point a correction to last about two weeks is expected. The trend remains upwards. The long term target is still...
by Lara | Jan 10, 2018 | S&P 500, S&P 500 + DJIA |
Price has moved lower. Last analysis warned that divergence with the AD line and bearish signals from VIX may be followed by some downwards movement. Summary: Always assume the trend remains the same until proven otherwise. The trend is up. Corrections are...
