by Lara | Dec 13, 2018 | S&P 500, S&P 500 + DJIA |
A small downwards day remains well above the short-term invalidation point. Today VIX and the short-term volume profile offer support to the main Elliott wave count. Summary: A strong bullish Hammer candlestick reversal pattern at the low indicates a trend change. The...
by Lara | Nov 19, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement remains above the invalidation point and within allowable limits. Summary: Short-term bearish divergence between price and the AD line supports an Elliott wave count which expects a slight new low before the bounce continues. A target for tomorrow...
by Lara | Oct 24, 2018 | S&P 500, S&P 500 + DJIA |
A bounce was expected but did not occur today. Volume and candlestick wicks are used to indicate the most likely direction for tomorrow. Only one Elliott wave count is published today. Summary: With price closing about the low for the session, it looks like downwards...
by Lara | Sep 25, 2018 | S&P 500, S&P 500 + DJIA |
A small range inside day leaves the Elliott wave count unchanged. The short term volume profile supports the Elliott wave count. Summary: Upwards movement is expected to resume. The short term target for the next pullback to arrive is about 2,957. The invalidation...
by Lara | Sep 1, 2018 | S&P 500, S&P 500 + DJIA |
Last analysis expected for the short term a small amount of downwards movement as most likely to end about 2,892.64. A small downwards day with a low at 2,891.73 fits this expectation almost exactly. Summary: The trend is up. Assume the trend remains the same until...
by Lara | Aug 8, 2018 | S&P 500, S&P 500 + DJIA |
All three short term Elliott wave counts remain the same, as does the daily Elliott wave count. Summary: A Shooting Star reversal candlestick pattern appeared yesterday. The main hourly Elliott wave count still expects a reasonable pullback to begin here and to end...
by Lara | Jul 21, 2018 | S&P 500, S&P 500 + DJIA |
A very short range inside day does not change the Elliott wave count. Price remains within the channel and above the short term invalidation point. At the end of the week, on the weekly time period, new signals from On Balance Volume and the AD line give confidence in...
by Lara | Jun 23, 2018 | S&P 500, S&P 500 + DJIA |
A small inside day, closing red, mostly fits the Elliott wave count for the short term. Price remains above the invalidation point, which is very close by. Summary: Upwards movement looks most likely next week. The short term target is about 2,844, where a larger...
by Lara | May 23, 2018 | S&P 500, S&P 500 + DJIA |
A little downwards movement was expected for Wednesday’s session. A lower low and a lower high fits the definition of downwards movement. Summary: A new low now below 2,709.18 would confirm the pullback is not over; the target would be 2,686, although this may...
