by Lara | Feb 8, 2017 | S&P 500, S&P 500 + DJIA |
Price moved lower today with a lower low and lower high, but the session closed strongly printing a green daily candlestick. The balance of volume was upwards. On Balance Volume gives a reasonable signal, but there has not yet been a breakout from a consolidation....
by Lara | Jan 28, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
Careful analysis of volume, On Balance Volume, and VIX may assist to find an entry to join the current trend. Summary: Price has broken out upwards from a flag pattern. A target using the measured rule is 2,323 and an Elliott wave target is 2,382. Monday, and maybe...
by Lara | Jan 21, 2017 | S&P 500, S&P 500 + DJIA |
A little upwards movement invalidated the hourly Elliott wave count. Summary: Some downwards movement to find support at the lilac / purple trend line is expected, about 2,211. If this target is wrong, it may be a little too low. Use the trend line as a preference. If...
by Lara | Dec 19, 2016 | S&P 500, S&P 500 + DJIA |
A small inside day continues a small consolidation, which was what both the daily and two hourly Elliott wave counts expected. The alternate hourly Elliott wave count will be discarded today. Summary: It is possible that the consolidation is over today. If yes, the...
by Lara | Nov 3, 2016 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected to see a green daily candlestick or doji for Thursday’s session. This is not what happened, price has continued lower. Summary: This trend may continue for a little longer and move a little lower. Some signs of weakness are...
by Lara | Sep 29, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Yesterday’s analysis was indecisive. The preferred Elliott wave count required downwards movement, but volume suggested this might not happen. Price did move lower. The preferred Elliott wave count now looks right and on track. Summary: Tomorrow should see...
by Lara | Sep 12, 2016 | S&P 500, S&P 500 + DJIA |
The short term expectation for Monday was for a little downwards movement to a target at 2,122 before a turn and upwards movement. The low for Monday was 2,119.12, 2.88 points below the target. Summary: Friday’s 90% down day is likely to be followed by at least...
by Lara | Aug 23, 2016 | S&P 500, S&P 500 + DJIA |
A short sharp thrust down was expected before price turned upwards, but this is not what happened. Price moved upwards at the start of the session. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. The...
by Lara | Aug 22, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price moved sideways to print a small green doji daily candlestick. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. The mid term targets are 2,332 or 2,445. If price...
