by Lara | Nov 16, 2014 | S&P 500, S&P 500 + DJIA
Sideways movement in a very small range for Friday leaves both the main and alternate Elliott wave counts exactly the same. Summary: A new high above 2,046.18 would confirm upwards movement should continue, and the first target is 2,049. If price keeps rising above...
by Lara | Nov 14, 2014 | S&P 500, S&P 500 + DJIA
A small green doji candlestick for Thursday’s session invalidated the main hourly Elliott wave count, but was allowed for in the alternate. Summary: A new high indicates that upwards movement is not over. A new high above 2,046.18 would confirm upwards movement...
by Lara | Nov 12, 2014 | S&P 500, S&P 500 + DJIA |
Another green candlestick was expected for Wednesday up to the target at 2,049. This is not what happened. Summary: Again, upwards movement could be over with a complete structure. I expect downwards movement from here for at least one week. The depth and structure...
by Lara | Nov 11, 2014 | S&P 500, S&P 500 + DJIA
A green candlestick was expected for Tuesday, which is what happened. Summary: The target for upwards movement to end is 2,049. This may be met in one to two days. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both are...
by Lara | Nov 10, 2014 | S&P 500, S&P 500 + DJIA
A red candlestick was expected for Monday. This is not what happened. Summary: The target for upwards movement to end is 2,049. This may be met in one to three days. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both...
by Lara | Nov 7, 2014 | S&P 500, S&P 500 + DJIA
The target at 2,035 has almost been met. This structure may now be complete. Summary: The main wave count will now expect downwards movement, and would be confirmed below 1,820.66. The alternate bull wave count will expect a small second wave correction to not move...
by Lara | Nov 7, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick was expected and fits both Elliott wave counts perfectly. Summary: The first target for this upwards movement to end is at 2,035. If price keeps going up through this first target the next target is at 2,191, although this has a low...
by Lara | Nov 5, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement continued and a green candlestick fits the Elliott wave count perfectly. The target remains the same, but I am adding a second (lower probability) target for you today. Summary: The first target for this upwards movement to end is at 2,035. If price...
by Lara | Nov 5, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement remained above the invalidation point on the Elliott wave hourly chart. The structure is slightly changed and the target is recalculated. I am swapping the bull and bear wave counts over again, although I would prefer to not favour one or the other...