by Lara | Mar 30, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the Elliott wave count expects overall at the daily chart level. Summary: The next wave up to a target at 2,455 may have begun. The invalidation point is at 2,322.25. When a five up for minute wave i is complete, then a three down for...
by Lara | Mar 28, 2017 | S&P 500, S&P 500 + DJIA |
Price has moved higher for Tuesday as expected. A new high above 2,354.54 supports the main wave count over the alternate. Summary: The next wave up to a target at 2,455 may have begun today. The invalidation point is at 2,327.58. When a five up for minute wave i is...
by Lara | Mar 27, 2017 | S&P 500, S&P 500 + DJIA |
Monday was expected to be an upwards day, but this is not what happened. Summary: The picture today looks more bearish. The alternate wave count has substantially increased in probability. A new high in the short term, above 2,354.54, would indicate the pullback is...
by Lara | Mar 23, 2017 | S&P 500, S&P 500 + DJIA |
Price moved overall upwards with a higher high and a higher low for the session. Upwards movement was expected. Summary: Tomorrow may begin with a little downwards movement to end below 2,340.51 but not below 2,336.45. Thereafter, price should turn up and show some...
by Lara | Mar 22, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement continued, as expected, and found support at three different trend lines. Summary: It is reasonably likely that downwards movement may halt here because price is at multiple support lines and exhibits bullish divergence with the AD line. A new high...
by Lara | Mar 18, 2017 | S&P 500, S&P 500 + DJIA |
On Friday another downwards day unfolded exactly as expected for the S&P500. Summary: A shallow pullback looks very likely now to have arrived. It may continue for another few days and possibly a few weeks longer. Target zones are either 2,368 – 2,353 or...
by Lara | Mar 15, 2017 | S&P 500, S&P 500 + DJIA |
A very short term target expected some upwards movement for one or two days to a target zone at 2,380 to 2,383. Price moved higher as expected for Wednesday’s session, reaching 2,390.01. Summary: A deeper pullback looks very likely now to have arrived. It may...
by Lara | Mar 8, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement is unfolding as the Elliott wave count and classic technical analysis expected. Summary: A deeper pullback may have arrived. It may last about one to three months and may end either 2,368 – 2,353 or 2,282 – 2,234. A new low below...
by Lara | Mar 7, 2017 | S&P 500, S&P 500 + DJIA |
Another day of downwards movement was expected from the Elliott wave count and from classic technical analysis. Summary: A deeper pullback may have arrived. It may last about one to three months and may end either 2,368 – 2,353 or 2,282 – 2,234. A new low...
