by Lara | Jan 9, 2018 | S&P 500, S&P 500 + DJIA |
A small shallow correction was expected to end and be followed by upwards movement. This is what happened. Targets remain the same at this time. Summary: The weight of evidence today is overly bullish. Corrections are an opportunity to join the trend. The target for a...
by Lara | Dec 7, 2017 | S&P 500, S&P 500 + DJIA |
The hourly chart in yesterday’s analysis expected a little more upwards movement for the very short term. This is exactly what has happened. The bigger picture remains the same, and a little more confidence is had in this analysis with the structure completing...
by Lara | Dec 6, 2017 | S&P 500, S&P 500 + DJIA |
Analysis for the last two days has expected overall downwards movement. A small channel provided on the last hourly chart was used to indicate when downwards movement may be over for the very short term, if price breached it. Summary: For the short term, look now for...
by Lara | Sep 2, 2017 | S&P 500, S&P 500 + DJIA |
Members were advised after Thursday’s session to enter long positions with stops just below the last gap at 2,460.31. Positions should now be profitable and profits may be taken or stops moved up to breakeven. Summary: Upwards movement may be over at...
by Lara | Aug 16, 2017 | S&P 500, S&P 500 + DJIA |
The target for upwards movement was not met, but price did move higher towards it. The target is recalculated today. Summary: Allow for the possibility of a little more upwards movement while price remains within the best fit channel, but it should not make a new all...
by Lara | Aug 15, 2017 | S&P 500, S&P 500 + DJIA |
The alternate hourly wave count was indicated as correct early in the session when price made a new high above 2,462.59. Summary: The target for the bounce to end is at 2,480. Single day divergence today between price and the AD line suggests downwards movement...
by Lara | Jul 3, 2017 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis expected downwards movement for the short term. This is not what happened, but upwards movement remains below the invalidation point and within the base channel. Summary: Expect now a multi week to multi month pullback has begun. The target...
by Lara | Jun 19, 2017 | S&P 500, S&P 500 + DJIA |
An upwards breakout may have come sooner than expected. The final target remains the same. Summary: Assume the trend remains the same, upwards, until proven otherwise. This looks like an upwards breakout. Any small correction now is an opportunity to join the trend....
by Lara | May 18, 2017 | S&P 500, S&P 500 + DJIA |
A bounce was expected for Thursday’s session and this is exactly what happened. Summary: This upwards bounce may be a counter trend bounce. If price makes a new low below 2,344.51 tomorrow, then the wave count would see either intermediate wave 4 or primary wave...
