by Lara | Oct 16, 2017 | S&P 500, S&P 500 + DJIA |
A new all time high to begin the new trading week continues the upwards trend, which is what the last Elliott wave and volume analysis expected. Summary: There is bearish divergence today with price and the AD line, RSI, Stochastics and volatility. While the trend...
by Lara | Jul 29, 2017 | S&P 500, S&P 500 + DJIA |
A small inside day sees the Elliott wave count only slightly changed at the hourly chart level. Summary: We should always assume the trend remains the same until proven otherwise. While it is possible today that primary wave 3 may be over, assume that it may continue...
by Lara | Jul 18, 2017 | S&P 500, S&P 500 + DJIA |
A green daily candlestick was expected, but price has moved lower and that was not expected. Summary: The profit target is at 2,478. The upwards trend has internal strength and health. Use corrections as an opportunity to join the trend. Today’s low presented...
by Lara | Apr 10, 2017 | S&P 500, S&P 500 + DJIA |
Price remains range bound again today. The longer price remains coiled between resistance and support, the closer and more violent the breakout will be. Summary: The main wave count expects an upwards breakout. The alternate expects a downwards breakout. There is a...
by Lara | Feb 14, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected. A very bearish alternate (which was judged to have a very low probability) has been invalidated today. This adds confidence to the main Elliott wave count and the targets. Summary: The short term target at 2,338 has almost been...
by Lara | Dec 1, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Thursday’s session. The target at 2,190 was met and exceeded so far by 2.56 points. Summary: The main wave count now expects upwards movement here for a fifth wave to end a third wave. The target is at 2,226 – 2,227....
by Lara | Nov 12, 2016 | S&P 500, S&P 500 + DJIA |
An inside day began with downwards movement, as expected, but the target was not reached. Summary: A correction down to about 2,120 and the lilac trend line is expected next week. Use this as an opportunity to join the trend for a third wave up. Volume strongly...
by Lara | Nov 10, 2016 | S&P 500, S&P 500 + DJIA |
A red long legged doji for today’s session indicates indecision, a balance between bulls and bears. This mostly fits expectations; this session was expected to produce a small red daily candlestick. Summary: Tomorrow may begin with some downwards movement to a...
by Lara | Oct 15, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday’s session. The session made a higher high and a higher low, but it closed with a red candlestick. Summary: Price may move lower to complete a second wave correction on Monday, and this is supported by short term...
