by Lara | Sep 9, 2017 | S&P 500, S&P 500 + DJIA |
The short term outlook from last analysis expected a short spike up to just above 2,467.57 and then a downturn. This is not what happened. Price has moved sideways in a small range suggesting a small Elliott wave triangle. Summary: With the last wave up now looking...
by Lara | Sep 7, 2017 | S&P 500, S&P 500 + DJIA |
For the short term, downwards movement was expected for Thursday’s session. An inside day completes as a red daily candlestick, mostly meeting expectations but not as clear as hoped for. Summary: With the last wave up now looking very much like a three, have...
by Lara | Sep 5, 2017 | S&P 500, S&P 500 + DJIA |
A downwards swing was expected to begin the week. This is exactly what has happened. Summary: With the last wave up now looking very much like a three, have some confidence that primary wave 4 is underway. Look for price to move either sideways or lower with a lot of...
by Lara | Sep 2, 2017 | S&P 500, S&P 500 + DJIA |
Members were advised after Thursday’s session to enter long positions with stops just below the last gap at 2,460.31. Positions should now be profitable and profits may be taken or stops moved up to breakeven. Summary: Upwards movement may be over at...
by Lara | Sep 1, 2017 | S&P 500, S&P 500 + DJIA |
On Balance Volume is very bullish. Members are given some trading advice on how to approach this market at this time. Summary: The bigger picture sees the S&P now in a primary degree pullback to last a minimum of 8 weeks. The main and alternate wave counts are...
by Lara | Aug 30, 2017 | S&P 500, S&P 500 + DJIA |
A bullish signal yesterday has now been followed by another upwards day. Support from volume means a more bullish wave count is considered. Summary: The bigger picture sees the S&P now in a primary degree pullback to last a minimum of 8 weeks and find support at...
by Lara | Aug 29, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. This is how the session began, but price recovered well by the end of the session to come up to touch the trend line expected to provide resistance on the hourly chart. Summary: The bigger picture sees the S&P now in a primary...
by Lara | Aug 21, 2017 | S&P 500, S&P 500 + DJIA |
A green daily candlestick was expected for Monday. Although price has made a lower low and a lower high, the candlestick did close green as the expected bounce came at the end of Monday’s session. Summary: The target for a bounce to end tomorrow is at 2,448....
by Lara | Aug 17, 2017 | S&P 500, S&P 500 + DJIA |
The first hour of the session saw a break below the channel on the hourly Elliott wave charts. At that stage, downwards movement was expected, and an increase in downwards momentum was also expected. So far price is fulfilling those expectations. Summary: The short...
