by Lara | Jan 8, 2020 | S&P 500, S&P 500 + DJIA |
Yesterday’s main Elliott wave count expected upwards movement to continue. The target remains the same. Summary: At this stage, it is possible that minor wave 3 could be over. Confidence in this view is required with a new low below 3,244.91. If price continues...
by Lara | Jan 7, 2020 | S&P 500, S&P 500 + DJIA |
A small inside day continues a small consolidation. The main and alternate short-term Elliott wave counts remain essentially the same. Summary: At this stage, it is possible that minor wave 3 could be over. Confidence in this view is required with a new low below...
by Lara | Jan 2, 2020 | S&P 500, S&P 500 + DJIA |
Price is now very close to the Elliott wave target at 3,260. Summary: There is now some bearish divergence with extreme conditions. Minor wave 4 may arrive tomorrow. The short-term target at 3,260 remains the same. Three large pullbacks or consolidations (fourth...
by Lara | Dec 10, 2019 | S&P 500, S&P 500 + DJIA |
Now two small range days in a row have moved price lower. This fits with the expectation of a consolidation to continue. Summary: Minor wave 4 may continue for another two weeks or so and may continue to find support about 3,070. It may be a choppy overlapping...
by Lara | Dec 6, 2019 | S&P 500, S&P 500 + DJIA |
Overall, this week’s analysis has expected a consolidation or pullback for an Elliott wave fourth wave correction. That view remains unchanged at the end of this week. Summary: Minor wave 4 may continue for about two weeks or so and may find next support about...
by Lara | Nov 21, 2019 | S&P 500, S&P 500 + DJIA |
An inside day sees price remain above the invalidation point. A new short-term Elliott wave count is presented. Summary: The upwards trend may resume. The next target at 3,179 is where minor wave 4 may begin (expect it to be very shallow). A new all time high above...
by Lara | Nov 15, 2019 | S&P 500, S&P 500 + DJIA |
Another strong upwards day continues price towards the Elliott wave target. Summary: The next target at 3,179 is where minor wave 4 may begin (expect it to be very shallow). Thereafter, the next target is at 3,302 and then 3,336. Three large pullbacks or...
by Lara | Nov 13, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a short-term pullback or consolidation. A small range downwards day fits this expectation. Summary: For the very short term, expect a pullback or consolidation to end tomorrow. Expect it to be shallow. Overall, expect more upwards...
by Lara | Oct 29, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement is continuing as expected. The Elliott wave count and target remain the same. Summary: The next target is at 3,120. Overall, expect upwards movement to continue. For the very short term, closure of the gap with a new low by any amount at any time...
