by Lara | Aug 15, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected that a new low below 2,819.88 would see a pullback to end below 2,796.13. The low for the day was 2,802.49, just above 2,796.13. Summary: It still looks most likely that price may continue sideways for another two to few days to...
by Lara | Jul 25, 2018 | S&P 500, S&P 500 + DJIA |
Yesterday’s main Elliott wave count expected more upwards movement. Also, yesterday’s analysis stated that I struggled to see a bearish alternate, despite bearish signals from the AD line. Today, a strong upwards day fits the Elliott wave count perfectly....
by Lara | Jul 5, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected from the main Elliott wave count. Summary: The AD line today makes a new all time high. This is extremely bullish. Today’s candlestick has a long lower wick and closes very close to highs. Expect upwards movement as most...
by Lara | Jul 2, 2018 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected upwards movement, which is what has happened for Monday. Signals today from all of On Balance Volume, inverted VIX and the AD line are all in agreement over the direction for the short term. Summary: A bullish signal from On...
by Lara | Jun 20, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected that a pullback was complete and upwards movement should resume. This is exactly what has happened so far. Summary: If the Elliott wave count is correct, then upwards movement may begin to build momentum from here. The short term target is at...
by Lara | Jun 5, 2018 | S&P 500, S&P 500 + DJIA |
The session began with a new high and then continued overall sideways to close as a doji. The AD line gives another strong signal today. Summary: The short term target is at 2,824 or 2,915. The mid to longer term target is at 2,922. The final target for this bull...
by Lara | Jun 2, 2018 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count in last analysis expected upwards movement. This is exactly what is happening. Summary: While price remains above 2,700.68, assume a third wave may be unfolding. The short term target is at 2,824 or 2,915. The mid to longer term target is...
by Lara | Apr 25, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the session. The session began with a sharp fall, which was then followed by a steady rise to close above the open. Summary: Today’s low may be the end of a multi week consolidation. A new bull run may begin here to a target at...
by Lara | Apr 23, 2018 | S&P 500, S&P 500 + DJIA |
Short term movement fits the Elliott wave count at the hourly chart level very well. The target remains the same. Summary: Look out for most likely upwards movement tomorrow to a short term target at 2,694 – 2,696. If price moves above the target, look for very...
