by Lara | Sep 12, 2019 | S&P 500, S&P 500 + DJIA |
Price continues to move higher as expected. The Elliott wave target remains the same. Summary: For the short term, a little weakness in the last session suggests a pullback or consolidation may unfold here. The target for support is about 2,981. Thereafter, the...
by Lara | Aug 20, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement remains below the short-term invalidation point. The Elliott wave counts are swapped over today after analysis of internal volume and breadth in the last two sessions. Summary: Lowry’s data now shows Friday as a 90% OCO (Operating Companies...
by Lara | Jul 24, 2019 | S&P 500, S&P 500 + DJIA |
A new all time high invalidates the bearish wave count and adds confidence to the bullish wave count. Targets calculated using Fibonacci Ratios between Elliott waves remain the same. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A...
by Lara | Jun 28, 2019 | S&P 500, S&P 500 + DJIA |
A small upwards day fits expectations for the short term. At the end of the week, volume and breadth are pointing to the direction for next week. Summary: The upwards trend is expected to fairly likely resume with strength next week. The pullback may be over at the...
by Lara | Jun 5, 2019 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected from the S&P500 for Wednesday’s session, which is what has happened. Summary: The low of December 2018 is expected to most likely remain intact. The pullback may have ended. A new target for a third wave up is at 3,104....
by Lara | May 13, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement is now too large to look right for the main daily chart. The bigger picture remains the same. Summary: A pullback is now expected to continue for another one to very few weeks. The first target is at 2,722 and thereafter at 2,579. The low of...
by Lara | Apr 17, 2019 | S&P 500, S&P 500 + DJIA |
Some consolidation or a pullback was expected to begin. An outside day which closes red overall fits this expectation. Summary: The upwards trend remains intact. A consolidation may unfold here that may be shallow and short lived. The final target remains the same at...
by Lara | Mar 25, 2019 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected for Monday, although the short-term target at 2,796 was too high. Summary: The upwards trend should resume. The mid-term target remains the same at 3,010. The final target remains the same at 3,045. Only a new low below...
by Lara | Feb 28, 2019 | S&P 500, S&P 500 + DJIA |
On Balance Volume gives a signal today that suggests a primary degree correction may have arrived. Fibonacci ratios are used for targets. Summary: The bigger picture still expects that a low may now be in place. The final target is at 3,045 with a limit at 3,477.39....
