by Lara | May 19, 2018 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Another signal from the AD line to end the trading week gives strong confidence in the Elliott wave analysis. In light of recent signals from the AD line and On Balance Volume, it is time to step back and look again at monthly charts for the Elliott wave count, and...
by Lara | May 16, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a short term pullback to continue. A little upwards movement within the pullback fits expectations as wave B unfolds. The Elliott wave count remains the same. Summary: A little more downwards movement tomorrow may end about 2,688 to...
by Lara | May 15, 2018 | S&P 500, S&P 500 + DJIA |
As expected from yesterday’s AD line and VIX bearish signals, price moved lower today. Two support lines are identified on charts today, along with a Fibonacci ratio, to indicate where the pullback may end. Summary: A short term Elliott wave target is 2,744. A...
by Lara | May 14, 2018 | S&P 500, S&P 500 + DJIA |
Both VIX and the AD line today give the same signal, suggesting the direction for tomorrow. Summary: A short term Elliott wave target is 2,744. A short term classic analysis target is 2,811. At about one of these points a small consolidation or pullback may be...
by Lara | Apr 12, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, and so far overall what is happening. There is strong resistance at this point to be overcome before the target can be reached. Summary: If resistance about 2,670 – 2,675 can be overcome, then the upwards swing should continue. The...
by Lara | Mar 22, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement continues towards the target. Now that there is more structure in this downwards wave to analyse the target is calculated at a lower degree. Summary: The target for more downwards movement is 2,612. If this target is wrong, it may not be quite low...
by Lara | Mar 1, 2018 | S&P 500, S&P 500 + DJIA |
The new main Elliott wave count expected another downwards day, which is exactly what has happened. Summary: Expect overall downwards movement to continue to about 2,584 – 2,571. Price may find support about the 200 day moving average. Always practice good risk...
by Lara | Feb 27, 2018 | S&P 500, S&P 500 + DJIA |
An upwards day was expected to continue the new trading week for Tuesday. The session did make a higher high, but then price turned down strongly. Signals today from both the AD line and VIX indicate the direction for price tomorrow. Summary: Assume the trend for now...
by Lara | Feb 8, 2018 | S&P 500, S&P 500 + DJIA |
A new low below 2,668.62 in the first hour of trading invalidated the main hourly wave count and gave confidence to the alternate. At that stage, more downwards movement to new lows was expected. The targets have not yet been met. Summary: Downwards movement looks...
