by Lara | Dec 18, 2017 | S&P 500, S&P 500 + DJIA |
Price continues to move higher towards the targets calculated. Summary: Upwards movement from the end of intermediate wave (2) on the 4th of November, 2016, is today totally reanalysed. The new target for minor wave 3 to end is now at 2,833. Minor wave 4 may last a...
by Lara | Dec 13, 2017 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a little upwards movement to a short term target at 2,672, to then be followed by a pullback. Price began the session with a new high to 2,671.88 and from there turned downwards to complete a red daily candlestick. Summary: For the...
by Lara | Dec 12, 2017 | S&P 500, S&P 500 + DJIA |
A new all time high has confirmed the alternate hourly Elliott wave count. The target will remain the same. The AD line and VIX are both giving a signal today for what may happen tomorrow. Summary: With a new all time high and some small support from volume today, we...
by Lara | Nov 9, 2017 | S&P 500, S&P 500 + DJIA |
A sharp downwards movement today remained above the invalidation point on the main hourly Elliott wave count, and the long lower wick on this candlestick is interpreted as bullish. Although bears were able to push price sharply lower, they could not hold the lows and...
by Lara | Sep 14, 2017 | S&P 500, S&P 500 + DJIA |
Price completed an outside day, mostly sideways movement to close as a small range doji. On Balance Volume gives another important signal today which may tell us what direction price may move tomorrow. Summary: Another bearish signal as On Balance Volume moves down...
by Lara | Sep 12, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis offered a warning in the summary that price may move higher, and may make a new all time high. This is what has happened today. Summary: Again, there is still zero evidence that upwards movement is over. There is still no candlestick reversal pattern nor...
by Lara | Aug 24, 2017 | S&P 500, S&P 500 + DJIA |
Price is moving sideways in a small range for the last two sessions. The short term direction expected by the Elliott wave count remains the same. Summary: The bigger picture sees the S&P now in a primary degree pullback to last a minimum of 8 weeks and find...
by Lara | Aug 22, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday’s session but the target at 2,448 was inadequate. Price moved 6.77 points above the target. Summary: The bigger picture sees the S&P now in a primary degree pullback to last a minimum of 8 weeks and find support at...
by Lara | Aug 8, 2017 | S&P 500, S&P 500 + DJIA |
The diamond pattern was broken but the possible upwards breakout was quickly reversed. The second hourly Elliott wave count expected this but price fell 6.13 points short of the target. Summary: It now looks likely that primary wave 3 ended today and primary wave 4...
