by Lara | Aug 27, 2019 | S&P 500, S&P 500 + DJIA |
Today the AD line, On Balance Volume and inverted VIX give signals which support alternate Elliott wave counts. Price remains range bound. The alternate Elliott wave counts expect the same direction for the breakout. Summary: A new low below 2,822.12 would indicate a...
by Lara | Aug 26, 2019 | S&P 500, S&P 500 + DJIA |
A very small range inside day leaves all Elliott wave counts unchanged. Summary: Conditions are still suggesting a sustainable low may be in place although today the absence of any strength is concerning for this view. The next target is 3,120. A new low below...
by Lara | Aug 1, 2019 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected further downwards movement. The AD line indicates how much more may be expected. Summary: Intermediate wave (2) may continue overall for a few more sessions, possibly as long as a week or two. The target remains at support at 2,912....
by Lara | Jul 31, 2019 | S&P 500, S&P 500 + DJIA |
Despite a bullish move from the AD line yesterday, price has moved strongly lower. The short to mid-term picture is adjusted with new data, but the longer-term picture remains the same. Today the AD line indicates how much more downwards movement may be in store....
by Lara | Jul 9, 2019 | S&P 500, S&P 500 + DJIA |
As expected an outside day continues a sideways consolidation. Summary: The bull market is expected to continue and corrections are expected to be shallow. A more time consuming consolidation or pullback may have just begun. It may continue for another two weeks. The...
by Lara | Jul 8, 2019 | S&P 500, S&P 500 + DJIA |
A very small range inside day breaches the lower edge of a channel that had previously contained all pullbacks. The short-term Elliott wave count is today changed. Summary: The bull market is expected to continue and corrections are expected to be shallow. A more time...
by Lara | Jun 13, 2019 | S&P 500, S&P 500 + DJIA |
Price remains range bound as has been expected for the week. The Elliott wave count remains the same. Summary: The low of December 2018 is expected to most likely remain intact. The target for a third wave up to end remains at 3,104. Along the way up, two...
by Lara | Jun 12, 2019 | S&P 500, S&P 500 + DJIA |
A consolidation or pullback was expected to continue and to be relatively brief and shallow. A small range downwards day fits this expectation. Summary: The low of December 2018 is expected to most likely remain intact. The target for a third wave up to end remains at...
by Lara | May 21, 2019 | S&P 500, S&P 500 + DJIA |
Price is moving sideways, which fits the first expectation for this week. Summary: The low of December 2018 is expected to remain intact, and this pullback is expected to be followed by a strong third wave up to new all time highs. Three scenarios are possible for the...
