by Lara | Aug 10, 2017 | S&P 500, S&P 500 + DJIA |
A new low below 2,462.17 in the first hour of the session added confidence to the Elliott wave count which expected a deeper pullback was in the early stages. The target for it to end and the expectation for how long it may last will remain the same for now. Summary:...
by Lara | Jun 17, 2017 | S&P 500, S&P 500 + DJIA |
A small range inside week completes, which is exactly what was expected at the beginning of the week. Price is consolidating. Summary: Expect a sideways consolidation to continue into next week as well. When it is done, it should offer a good entry point to join the...
by Lara | Jun 8, 2017 | S&P 500, S&P 500 + DJIA |
Price has moved higher as last analysis expected. The Elliott wave target remains the same. Summary: While price remains above 2,418.71, then expect it is more likely that this downwards movement is a smaller pullback within an ongoing upwards trend. The target is now...
by Lara | Apr 6, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price did move higher to begin the session, but fell strongly in the final hours to close red. An outside day was completed. Summary: If the main wave count is correct, then price should now begin to move strongly higher. An upwards...
by Lara | Mar 20, 2017 | S&P 500, S&P 500 + DJIA |
Another downwards day has unfolded as expected to start the new trading week. The Elliott wave count remains the same and has support from volume and ADX. Summary: A shallow pullback looks very likely now to have arrived. It may continue for another few days and...
by Lara | Feb 28, 2017 | S&P 500, S&P 500 + DJIA |
A downwards day was expected for Tuesday’s session. There are only now two hourly Elliott wave counts. Summary: The situation is unclear: volume is bearish short term while divergence between price and VIX, and price and the AD line, is bullish short term....
