by Lara | Nov 13, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a short-term pullback or consolidation. A small range downwards day fits this expectation. Summary: For the very short term, expect a pullback or consolidation to end tomorrow. Expect it to be shallow. Overall, expect more upwards...
by Lara | Oct 23, 2019 | S&P 500, S&P 500 + DJIA |
Today’s signals from the AD line and inverted VIX indicate a likely direction for price tomorrow. Summary: Upwards movement may continue here to new all time highs soon. The next target is at 3,120. For the very short term, a new low below 2,976.31 would...
by Lara | Oct 21, 2019 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected before the upwards trend resumed. With price moving higher on Monday, the upwards trend may have resumed more quickly than expected. Summary: Upwards movement may continue here to new all time highs this week. The next...
by Lara | Sep 30, 2019 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to begin the new week. The Elliott wave target remains the same. The breakaway gap continues to provide support. Summary: The upwards trend to new all time highs may resume. The next target is 3,120. A new low below 2,931 would indicate a...
by Lara | Sep 26, 2019 | S&P 500, S&P 500 + DJIA |
An inside day closes red. Upwards movement was expected today. Price remains above the short-term invalidation point, and the session ended strongly. Summary: The upwards trend to new all time highs may now resume. The next target is 3,120. A new low below 2,931 would...
by Lara | Sep 5, 2019 | S&P 500, S&P 500 + DJIA |
An upwards breakout from a consolidation was expected. The Elliott wave target remains the same. The main Elliott wave count has very strong support from classic technical analysis, particularly the AD line. Summary: An upwards breakout above 2,940 with support from...
by Lara | Sep 3, 2019 | S&P 500, S&P 500 + DJIA |
Price remains range bound with resistance about 2,940 and support about 2,920. The breakout is still expected to be in the same direction. Targets remain the same. Summary: An upwards breakout above 2,940 with support from volume would add confidence in the main wave...
by Lara | Aug 12, 2019 | S&P 500, S&P 500 + DJIA |
A sideways inside day to end the trading week leaves both Elliott wave counts essentially the same. Classic technical analysis favours the main Elliott wave count. Summary: An 80% up day, a long lower wick on the weekly candlestick, closure of the last gap, and...
by Lara | Aug 8, 2019 | S&P 500, S&P 500 + DJIA |
A strong upwards day sees the Elliott wave counts swapped over. Targets remain the same. Summary: An 80% up day, a shaven head, closure of the last gap, and bullish divergence between price and both of the AD line and inverted VIX indicate it is likely a low was in...
