by Lara | May 2, 2017 | S&P 500, S&P 500 + DJIA |
Price remains range bound. Another small doji completes an inside day. The Elliott wave counts remain mostly the same with a small change for the main hourly chart. Summary: This small consolidation may present an opportunity to join the upwards trend. Stops may be...
by Lara | Mar 24, 2017 | S&P 500, S&P 500 + DJIA |
A little downwards movement to below 2,340.51 but not below 2,336.45 was expected during Friday’s session. Price did move lower, but it made a slight new low below 2,336.45, which was not expected. Summary: Volatility declined and market breadth improved while...
by Lara | Mar 6, 2017 | S&P 500, S&P 500 + DJIA |
A new low below 2,371.54 invalidated the hourly Elliott wave count and indicated a pullback has likely arrived. Summary: A deeper pullback may have arrived. It may last about one to three months and may end either 2,368 – 2,353 or 2,282 – 2,234. A new low...
by Lara | Jul 19, 2016 | S&P 500, S&P 500 + DJIA |
A short term pullback was expected. Another small inside day completes a small red doji. Summary: In the very short term, sideways movement may continue for another session or so. Thereafter, the upwards trend should resume. Last monthly chart for the main wave count...
by Lara | Jul 18, 2016 | S&P 500, S&P 500 + DJIA |
A short term pullback was expected. Price has not moved lower, but moved higher in a small inside day. Summary: In the very short term, a small pullback to about 2,147 or 2,133 is still expected. If this expectation is wrong, it will be in that these targets are too...
by Lara | Jun 28, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement unfolded for the session exactly as expected, ending almost at the target which was at 2,038.15. Summary: In the short term, some sideways movement is most likely to complete a fourth wave correction for another two or four days, with two more likely....
by Lara | Jun 27, 2016 | S&P 500, S&P 500 + DJIA |
A bounce was expected short term for Monday / Tuesday but did not turn up on Monday. The mid term target at 2,000 was met and exceeded by 8.32 points. Summary: In the short term, it looks very likely today (more so than the end of last week) that a multi day bounce...
by Lara | Jun 8, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was again expected for the session and again failed to materialise. No confirmation of a trend change has been indicated yet either, so it was allowed that price could move a little higher. Summary: Price is persistently weak but no trend change is...
by Lara | Jun 7, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was again expected for the session and again failed to materialise. Summary: Price is persistently weak but no trend change is yet indicated. Earliest confidence in a trend change would come with a new low below 2,085.36. A breach of the large black...
