by Lara | Jul 3, 2017 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis expected downwards movement for the short term. This is not what happened, but upwards movement remains below the invalidation point and within the base channel. Summary: Expect now a multi week to multi month pullback has begun. The target...
by Lara | Jul 1, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis concluded the situation was unclear for the short term. A smaller range inside day mostly fits expectations. Upwards movement during Friday’s session remains well below the invalidation point on the hourly chart. Summary: Expect now a multi week to...
by Lara | Jun 29, 2017 | S&P 500, S&P 500 + DJIA |
A downwards session was expected for Thursday. This is exactly what happened. Summary: Expect now a multi week to multi month pullback has begun. The target zone for it to end is about 2,400 to 2,322. The situation is unclear for tomorrow’s session. Volume and...
by Lara | Jun 28, 2017 | S&P 500, S&P 500 + DJIA |
A downwards day was expected for Wednesday, but this did not happen. Upwards movement invalidated the hourly Elliott wave count. Summary: Expect now a multi week to multi month pullback has begun. The target zone for it to end is about 2,400 to 2,322. Expect downwards...
by Lara | Jun 19, 2017 | S&P 500, S&P 500 + DJIA |
An upwards breakout may have come sooner than expected. The final target remains the same. Summary: Assume the trend remains the same, upwards, until proven otherwise. This looks like an upwards breakout. Any small correction now is an opportunity to join the trend....
by Lara | Jun 15, 2017 | S&P 500, S&P 500 + DJIA |
The Elliott wave count expected a continuation of a sideways correction. Price remains range bound. For the short term price was expected to move lower, which has happened. Summary: Expect a sideways consolidation to continue into next week as well. When it is done,...
by Lara | Jun 12, 2017 | S&P 500, S&P 500 + DJIA |
Sideways movement was expected for Monday, which is exactly what happened. Summary: Expect a sideways consolidation to continue this week and likely into next week as well. When it is done, it should offer a good entry point to join the longer term upwards trend. New...
by Lara | Jun 11, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement to a target at 2,448 to 2,450 was expected. Price moved higher to reach 2,446.20 before turning strongly downwards on Friday. Price fell just 1.8 points short of the 2 point target zone. Summary: Expect a sideways consolidation now for at least a...
by Lara | Jun 7, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected to most likely be a small pullback within an ongoing upwards trend. The pullback has remained above the invalidation point, as expected. The target is slightly adjusted; the Elliott wave target is now only 2 points from the classic...
