by Lara | Jan 18, 2017 | DJIA Historical, DJT Historical, Public Analysis, S&P 500 Historical |
An analysis of monthly charts of the Dow, Transportations and the S&P500 may be helpful in identifying whether or not the current bull market is healthy and likely to continue or shows signs of weakness. Bull markets end and eventually turn into bear markets for...
by Lara | Jan 12, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected from the Elliott wave count and supported by classic technical analysis. Divergence with price and VIX and the AD line indicated price was likely to move lower today. Summary: Some downwards movement to find support at the lilac /...
by Lara | Sep 28, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday’s session. This is what happened. Summary: Classic technical analysis suggests more upwards movement tomorrow, but the preferred Elliott wave count requires downwards movement. If price makes a new high above 2,179.58,...
by Lara | Apr 23, 2016 | S&P 500, S&P 500 + DJIA |
Price moved lower to breach the short term invalidation point on the first hourly Elliott wave count and provide first confidence for the alternate hourly Elliott wave count. Summary: How price behaves on Monday, now that it is close to the support line, will indicate...
by Lara | Apr 6, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. This is what happened. The Elliott wave count remains on track. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. The target is 2,124. The invalidation point...
by Lara | Mar 17, 2016 | S&P 500, S&P 500 + DJIA |
A new high early in the session above 2,032.59 indicated more upwards movement was expected. Summary: This is still a bear market rally until proven otherwise. This rally is reasonably likely to end above 2,116.48, but it cannot make a new all time high. In the short...
by Lara | Mar 16, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA, S&P 500 Historical |
A slight new high fits the bull and alternate bear Elliott wave counts best. The situation short term is slightly clearer. There will only be one bear Elliott wave count now. Summary: This is still a bear market rally until proven otherwise. The target remains at...
by Lara | Jan 20, 2016 | S&P 500, S&P 500 + DJIA |
Price moved lower as the preferred hourly Elliott wave count expected. Summary: The middle of a big third wave should be approaching. The wave count expects a further increase in momentum. This view has a higher probability than the alternate which expects a bounce...
by Lara | Jan 19, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement fits both Elliott wave hourly wave counts and does not provide clarity. The upper price point to differentiate the two ideas may be moved lower. Summary: The trend is down. The only question still today is: are we going to see a deeper bounce here or...
