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 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 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 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...
by Lara | Jan 25, 2018 | S&P 500, S&P 500 + DJIA |
Price remains mostly within the channel on the hourly chart; it has not been breached. The Elliott wave count is unfolding mostly as expected. Summary: The trend is up and strong. Corrections are an opportunity to join the trend. The next target is at 2,874 for a very...
by Lara | Dec 8, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis expected for the very short term more upwards movement to about 2,650. Price did continue higher as expected, reaching 2,651.53. Summary: The main wave count expects downwards movement to begin next week to a target at either 2,599 or 2,586. If price...