by Lara | Jul 19, 2017 | S&P 500, S&P 500 + DJIA |
Yesterday’s summary stated: “Expect a green daily candlestick and upwards movement to a short term target at 2,474 – 2,475 tomorrow.” The high today is 2,473.83, just 0.17 short of the 1 point target zone. Summary: The profit target is at...
by Lara | Jul 13, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement has unfolded as expected. Summary: An upwards breakout is expected. The profit target is at 2,478. New updates to this analysis are in bold. Last monthly and weekly charts are here. Last historic analysis video is here. MAIN ELLIOTT WAVE COUNT WEEKLY...
by Lara | May 27, 2017 | S&P 500, S&P 500 + DJIA |
A small inside day saw price move sideways for Friday, remaining within the channel on the hourly chart. Summary: The target is at 2,440 (Elliott wave target) to 2,448 (classic analysis target). Expect upwards movement to continue. Corrections are an opportunity to...
by Lara | May 24, 2017 | S&P 500, S&P 500 + DJIA |
The short term expected downwards movement for Wednesday, which again did not happen. Summary: Always assume the trend remains the same until proven otherwise. Assume the bull market remains intact and price may make new all time highs while price remains above...
by Lara | Apr 26, 2017 | S&P 500, S&P 500 + DJIA |
A small pullback was expected to unfold here or shortly. An upwards day closes red, with a long upper wick on the candlestick. This looks like a small pullback may have begun at the end of this session. Summary: If a small pullback remains above 2,376.98, then expect...
by Lara | Feb 23, 2017 | S&P 500, S&P 500 + DJIA |
A red daily candlestick with a long lower wick makes the Elliott wave count have a better look now at the daily chart level. Summary: The target at minor degree is recalculated to 2,399. Persistent divergence with price and vix, and now today with price and the AD...
by Lara | Feb 22, 2017 | S&P 500, S&P 500 + DJIA |
A small sideways day sees the Elliott wave count slightly adjusted, which effects the target zone. An alternate hourly Elliott wave count is provided today just in case. Summary: The target for this upwards wave to end can now be calculated at two degrees as a range...
by Lara | Feb 2, 2017 | S&P 500, S&P 500 + DJIA |
Price has made a lower high and a lower low, although it closed green. Summary: It is still more likely today that the next wave up has just begun. Confidence would be had above 2,289.14. The target is 2,338 for the short term and 2,382 for a longer term trade. If...
by Lara | Dec 15, 2016 | S&P 500, S&P 500 + DJIA |
A green daily candlestick has unfolded exactly as expected for Thursday’s session. Summary: A consolidation has begun and is likely to continue for a few more days with choppy overlapping sideways movement. Tomorrow may begin with some upwards movement to end...
