by Lara | Mar 18, 2020 | Uncategorized |
Price continues to fall towards the short-term target. Two short-term Elliott wave counts are used today to indicate when a bounce may have arrived. Invalidation of the first count indicates the alternate may be correct. Summary: It may be safest to assume the...
by Lara | Feb 24, 2020 | Uncategorized |
Downwards movement was expected to continue this week as a larger correction has arrived. This is exactly what is happening. Summary: The trend is up. Consolidations and pullbacks may last a few weeks but should be viewed in the bigger context of an ongoing bull...
by Lara | Jan 29, 2020 | Uncategorized |
A small range upwards day ends with a red daily candlestick. An inconclusive day overall fits expectations of a consolidation. Summary: A pullback or consolidation has begun. It may continue now through to the end of next week and possibly a little longer. Support is...
by Lara | Dec 31, 2019 | Uncategorized |
A new target is calculated for a third wave to end. Summary: Expect new highs soon. Today all of On Balance Volume, the AD line and VIX give bullish signals. A new target for minor wave 3 is now at 3,260. Three large pullbacks or consolidations (fourth waves) during...
by Lara | Dec 5, 2019 | Uncategorized |
Yesterday’s analysis expected for the very short term a little more upwards movement within the consolidation, which is what has happened. Summary: Minor wave 4 may continue for about two weeks or so and may find next support about 3,037. It may be a choppy...
by Lara | Nov 12, 2019 | Uncategorized |
Price continues to move higher towards the next Elliott wave target. Summary: For the very short term, some weakness today suggests a pullback or consolidation. Expect it to be shallow. Overall, expect more upwards movement with shallow and / or brief corrections...
by Lara | Oct 18, 2019 | Uncategorized |
A little downwards movement was expected for the short term, which is what happened. The short-term targets remain the same. Summary: For the very short term, a little more downwards movement to about 2,968 or 2,947 may continue next week. Thereafter, the upwards...
by Lara | Sep 25, 2019 | Uncategorized |
Upwards movement was expected for the session. The session began with downwards movement, remaining above support and above the invalidation point, and then thereafter the session ended strongly to close green. Summary: The upwards trend to new all time highs may now...
by Lara | Aug 30, 2019 | Uncategorized |
Upwards movement continued as the main Elliott wave count expected. All three Elliott wave counts remain valid at the end of the week, but the two alternates now have a very low probability. Summary: An upwards breakout above 2,940 with support from volume would add...
