by Lara | Sep 21, 2017 | S&P 500, S&P 500 + DJIA |
An inside day remains above the invalidation point on the hourly Elliott wave chart. Summary: Classic technical analysis remains very bullish for the mid term. The next target is now at 2,526 to 2,533. It may be met in another 5 sessions. In the short term, price is...
by Lara | Jul 26, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis was clear: the trend is still up. A new all time high was therefore expected as most likely. Summary: The trend is up. Trading with the trend is the safest approach for your account. Use corrections as an opportunity to join the trend. The last open gap...
by Lara | Jul 17, 2017 | S&P 500, S&P 500 + DJIA |
A very small inside day leaves the Elliott wave counts mostly unchanged. Summary: In the short term, volume and divergence with the AD line suggest a green daily candlestick tomorrow and a new all time high. The profit target is at 2,478. The upwards trend has...
by Lara | Jul 10, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Monday. This did not happen, but price has remained below the invalidation point on the hourly chart and at the end of Monday’s session has returned to within the channel. Summary: A strong bullish signal today from On Balance...
by Lara | Mar 9, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement is again unfolding as the Elliott wave count and classic technical analysis expected. Summary: Some confidence today is had in the wave count with a breach of the Elliott channel. A deeper pullback looks very likely now to have arrived. It may last...
by Lara | Dec 23, 2016 | S&P 500, S&P 500 + DJIA |
Another very small range day moved price essentially sideways fitting the Elliott wave count for the short term. Two hourly Elliott wave counts are provided to end the year, with the one daily Elliott wave count remaining the same. Summary: A small pennant pattern may...
by Lara | Nov 29, 2016 | S&P 500, S&P 500 + DJIA |
Price remains above the invalidation point on the hourly Elliott wave count. The small downwards movement for today still fits with overall expectations. Summary: An upwards trend is in place. Corrections are an opportunity to join the trend. A sideways correction is...
by Lara | Nov 8, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement to a short term target at 2,139.50 was expected. Upwards movement did unfold, but reached 7.37 points above the target. Summary: Volume does not support this upwards movement, and there is some regular bearish divergence between price and the AD line...
by Lara | Oct 27, 2016 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis expected Wednesday’s session to begin with a little downwards movement to end close to 2,140. Thereafter, it was expected that price would turn upwards. The low for the session was 2,131.59. The session closed green although it made a...
