by Lara | Nov 13, 2017 | S&P 500, S&P 500 + DJIA |
Price has moved slightly higher, to complete an outside day, and remains within the invalidation point for the new main Elliott wave count. Summary: The target for a multi day pullback is now about 2,539. Today, this is supported by bearish divergence with price and...
by Lara | Nov 3, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement continues exactly as the main Elliott wave count and classic technical analysis expected. On Balance Volume continues to be very bullish. The targets remain the same. Summary: The Elliott wave target is at 2,616 and a target from a small pennant...
by Lara | Apr 25, 2017 | S&P 500, S&P 500 + DJIA |
It looks like price has broken upwards out of a symmetrical triangle. Some trading advice on how to use gaps is offered today to members. Summary: Members with long positions may pull stops up to the lower edge of today’s gap at 2,374.15. A small pullback may...
by Lara | Feb 13, 2017 | S&P 500, S&P 500 + DJIA |
Again, upwards movement continues as the main Elliott wave count expects. And the very bearish alternate Elliott wave count remains just viable. Summary: The target is 2,338 for the short term and 2,382 for a longer term trade. Price should find strong support about...
by Lara | Nov 30, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday’s session. Although the candlestick closed red, it did make a higher high and a higher low from the prior day. Summary: A small fourth wave correction may end tomorrow about 2,190. If price makes a new low below...
by Lara | Nov 9, 2016 | S&P 500, S&P 500 + DJIA |
A new high above 2,154.79 adds confidence to the main Elliott wave count. A new alternate is presented today, but it has a very low probability. Dow Theory today provides important confirmation. Summary: Classic analysis favours a bullish Elliott wave count. The new...
by Lara | Oct 22, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected and again failed to materialise. The main Elliott wave count is still preferred. Summary: The Elliott wave count expects more upwards movement from here to show an increase in upwards momentum and be supported by volume. This...
by Lara | Oct 13, 2016 | S&P 500, S&P 500 + DJIA |
In yesterday’s analysis I noticed bearish divergence between price and VIX, so members were instructed to look out for a possible surprise to the downside. Downwards movement breached the invalidation point on the main daily wave count, but not the weekly, so...
by Lara | Aug 29, 2016 | S&P 500, S&P 500 + DJIA |
Some upwards movement was expected for a second wave. Price remains below the invalidation point. Summary: Overall, this week and maybe also next week should continue with downwards movement to end about 2,147.58. Downwards movement may be choppy, overlapping, and...
