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 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 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 20, 2019 | S&P 500, S&P 500 + DJIA |
A small range day remains inside last week’s range leaving all three short-term Elliott wave counts unchanged. 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...
by Lara | Apr 25, 2019 | S&P 500, S&P 500 + DJIA |
The very short-term analysis on the hourly chart expected a little downwards movement for Thursday, which is what has happened. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next mid-term target is at 3,010....
by Lara | Apr 1, 2019 | S&P 500, S&P 500 + DJIA |
The upwards trend was expected to continue this week and so far that is exactly what is happening. The Elliott wave target remains the same. Summary: The upwards trend should continue. The mid-term Elliott wave target remains the same at 3,010 and the target...
by Lara | Mar 7, 2019 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected after yesterday’s analysis and that is exactly what has happened. Targets remain the same. Summary: Targets for a multi-week pullback are 2,637 or 2,526. *Edit: corrected At its end, this pullback may offer an opportunity to join...
by Lara | Feb 11, 2019 | S&P 500, S&P 500 + DJIA |
A small bounce to end close to 2,717.15 was expected for Monday. Upwards movement has reached slightly above this to a high at 2,718.05 for the session. Summary: A breach of the black Elliott channel has indicated primary wave 2 has arrived. Primary wave 2 may last...
by Lara | Jan 17, 2019 | S&P 500, S&P 500 + DJIA |
The 200 day moving average has rolled over today. It is again positively sloped. The alternate Elliott wave count has been invalidated, which gives further confidence in the main Elliott wave count. Summary: The target for intermediate wave (1) to end is at 2,673 with...
