by Lara | Feb 11, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the main Elliott wave count expects. The very bearish alternate Elliott wave count remains viable. Summary: The target is 2,338 for the short term and 2,382 for a longer term trade. In the short term, a small correction for minute iv may...
by Lara | Jan 30, 2017 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected for Monday’s session, which is what has happened. Summary: The situation is quite mixed today for the S&P, but on balance my judgement is that today’s downwards movement may present an opportunity to enter...
by Lara | Jan 13, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was again expected, but this time did not eventuate for Friday. Price moved higher but did not make a new high, and volume was weaker. Note: NYSE is closed on Monday, so there will be no new price action from BarChart to analyse. Next analysis of...
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 | Dec 22, 2016 | S&P 500, S&P 500 + DJIA |
Another downwards day remains within the range of recent movement. The short term Elliott wave structure at the hourly chart level is relabelled, and the Elliott wave target remains the same. Summary: A small pennant pattern may be completing, the target would be...
by Lara | Dec 3, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday’s session. A small green doji completes an inside day, which mostly fits expectations. Summary: The main wave count now expects upwards movement here for a fifth wave to end a third wave. The target is at 2,226 –...
by Lara | Dec 1, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Thursday’s session. The target at 2,190 was met and exceeded so far by 2.56 points. Summary: The main wave count now expects upwards movement here for a fifth wave to end a third wave. The target is at 2,226 – 2,227....
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 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...
