by Lara | May 3, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement. The whipsaw invalidated the hourly wave count, but price remains above the daily invalidation point. The AD line, VIX and On Balance Volume all give the same signal today. Summary: The target is now at 2,922. Traders with a...
by Lara | Apr 30, 2018 | S&P 500, S&P 500 + DJIA |
A little downwards movement was expected to 2,653. The low for the session was 2,648. Summary: The target for this pullback to end tomorrow is 2,637 – 2,635. Thereafter, expect upwards movement to begin to show some increase in momentum. This downwards movement...
by Lara | Apr 18, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was still expected. There is today a new very important signal from the AD line, which prompts me to publish a new wave count. The expected direction is the same, but the target is new. Summary: The target for a primary degree third wave to end is now...
by Lara | Apr 17, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected. The first target was reached and passed. The second target zone is not yet met. The AD line today gives a strong signal. Summary: The target is now at 2,751. Strong bullish divergence between price and the AD line, reasonable...
by Lara | Mar 28, 2018 | S&P 500, S&P 500 + DJIA |
A small range day moves price lower, which remains above the invalidation point on the main hourly chart. The AD line gives a signal today, indicating the most likely direction for tomorrow. Summary: The target for upwards movement is now 2,737. A new high above...
by Lara | Mar 27, 2018 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected. This is how the session began, completing a five up, which the Elliott wave count expected, but a strong pullback at the end of the session has come earlier than anticipated. Summary: The target for upwards movement is now 2,740. A...
by Lara | Mar 6, 2018 | S&P 500, S&P 500 + DJIA |
A little more upwards movement for Tuesday remains below the invalidation point. Summary: Look first for a breach of the yellow best fit channel on the hourly chart. When price breaks below that channel, then expect a few days of downwards movement. The target is now...
by Lara | Feb 14, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected overall upwards movement, which is what has happened, but a short term pullback did not happen first. Summary: The next target is at 3,020. Increased volume and a new bullish signal from the AD line offer support to the Elliott wave count today....
by Lara | Feb 13, 2018 | S&P 500, S&P 500 + DJIA |
Another green daily candlestick has completed as expected. Summary: The next target is at 3,020. In the short term, look for a pullback tomorrow for a second wave correction. The pullback may find support now about the upper edge of the best fit channel on the hourly...