by Lara | Dec 5, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
For the very short term, downwards movement was expected, and this is exactly what has happened for Tuesday’s session. Only two hourly wave counts will be published today, and they both expect overall the same direction for price next. Summary: For the short...
by Lara | Sep 1, 2017 | S&P 500, S&P 500 + DJIA |
On Balance Volume is very bullish. Members are given some trading advice on how to approach this market at this time. Summary: The bigger picture sees the S&P now in a primary degree pullback to last a minimum of 8 weeks. The main and alternate wave counts are...
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 14, 2017 | S&P 500, S&P 500 + DJIA |
Price moved higher as the main Elliott wave count expected. Summary: If price makes a new high above 2,462.59 tomorrow, then the target for the bounce to end is at 2,482. If price breaks below the upwards sloping green channel on the hourly charts tomorrow, then...
by Lara | Jul 9, 2017 | S&P 500, S&P 500 + DJIA |
A green daily candlestick was expected for Friday, which is exactly what happened. Summary: Expect now a multi week to multi month pullback has begun. The target zone for it to end is about 2,400 to 2,322. Expect downwards movement from here to now start to show an...
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 | Jun 15, 2017 | S&P 500, S&P 500 + DJIA |
The Elliott wave count expected a continuation of a sideways correction. Price remains range bound. For the short term price was expected to move lower, which has happened. Summary: Expect a sideways consolidation to continue into next week as well. When it is done,...
by Lara | Jun 12, 2017 | S&P 500, S&P 500 + DJIA |
Sideways movement was expected for Monday, which is exactly what happened. Summary: Expect a sideways consolidation to continue this week and likely into next week as well. When it is done, it should offer a good entry point to join the longer term upwards trend. New...
by Lara | May 17, 2017 | S&P 500, S&P 500 + DJIA |
The main hourly Elliott wave count was invalidated within the first hour of the session. Two alternate hourly wave counts remained. Summary: Price is at support and On Balance Volume is at support, and for these reasons the main wave count will expect an end to the...
