by Lara | Jun 4, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 4, 2020 A sideways day sees small caps lead with new highs, but large caps lag. Summary: The next target is at 3,238. Use the lower edge of the Elliott channel to indicate where support may be found on...
by Lara | Jun 2, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – June 2, 2020 Price continues to move higher towards the second and last target. Summary: The next target is at 3,238. Use the lower edge of the Elliott channel to indicate where support may be found on the...
by Lara | May 11, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 11, 2020 A signal today from On Balance Volume suggests a new Elliott wave count. Summary: It is possible the pullback within this bounce is over and the bounce may continue this week to a target at...
by Lara | May 7, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – May 7, 2020 Analysis has expected that a B wave may be unfolding sideways or lower. A small range day closing as a small doji overall fits expectations. Summary: A downwards or sideways movement may continue...
by Lara | Apr 16, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 16, 2020 A sideways day sees price remain within the channel. Today three short-term possibilities are considered. Invalidation points for a main wave count provide confidence points for alternates....
by Lara | Apr 14, 2020 | S&P 500, S&P 500 + DJIA
S&P 500: Elliott Wave and Technical Analysis | Charts – April 14, 2020 Upwards movement is continuing this week towards targets as expected since the 24th of March. Summary: The bounce may end about 2,934 this week. If this target is wrong, it may not be high...
by Lara | Mar 23, 2020 | S&P 500, S&P 500 + DJIA |
S&P 500: Elliott Wave and Technical Analysis | Charts – March 23, 2020 Downwards movement continued with the new trading week, which is exactly what the main Elliott wave count had expected. Summary: It may be safest to assume the downwards trend remains intact...
by Lara | Mar 19, 2020 | S&P 500, S&P 500 + DJIA |
A small upwards day completes a spinning top candlestick. This session falls short of an 80% up day, so the main Elliott wave count remains most likely. Summary: It may be safest to assume the downwards trend remains intact while price remains below 2,553.93. The...
by Lara | Feb 27, 2020 | S&P 500, S&P 500 + DJIA |
A new low below 3,027.98 invalidates an impulse unfolding upwards and suggests this big fifth wave may be an ending expanding diagonal. Diagonals are not as common as impulses in fifth wave positions, and so until an impulse is invalidated a diagonal should always be...
