by Lara | Nov 1, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to continue from last analysis, which is what has happened. The short and long term targets remain the same. Summary: The Elliott wave target is at 2,616 and a new target from a small pennant pattern is 2,617. While On Balance Volume...
by Lara | Oct 12, 2017 | S&P 500, S&P 500 + DJIA |
Another very slight new all time high continues the upwards trend today. Summary: The correction may be over; while price remains above 2,541.60 now, this should be the expectation. The next target is at 2,602 to 2,614. However, there is less bullishness and more...
by Lara | Oct 10, 2017 | S&P 500, S&P 500 + DJIA |
For the very short term, a little upwards movement was expected for Tuesday’s session and this is what has happened. Tuesday put in a higher high and a higher low, closing as a doji, which is entirely normal within a correction. Summary: Two or five days of...
by Lara | Sep 28, 2017 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expects more upwards movement, and it has strong support from classic technical analysis, particularly a very bullish On Balance Volume and rising market breadth. Summary: On Balance Volume and the AD line remain very bullish, supporting...
by Lara | Sep 20, 2017 | S&P 500, S&P 500 + DJIA |
Another new high was expected, but the sharp pullback during Wednesday’s session was not expected. Price remains well above the invalidation point on the hourly Elliott wave count. On Balance Volume and the AD line give strong clues today as to what to expect...
by Lara | Jul 25, 2017 | S&P 500, S&P 500 + DJIA |
Sideways movement was expected as most likely for Tuesday, but this is not what happened. Upwards movement has made a new all time high, but the session closed red. Summary: The trend is up. Trading with the trend is the safest approach for your account. Use...
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 | Feb 11, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the main Elliott wave count expects. The very bearish alternate Elliott wave count remains viable. Summary: The target is 2,338 for the short term and 2,382 for a longer term trade. In the short term, a small correction for minute iv may...
by Lara | Jan 30, 2017 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected for Monday’s session, which is what has happened. Summary: The situation is quite mixed today for the S&P, but on balance my judgement is that today’s downwards movement may present an opportunity to enter...
