by Lara | Dec 19, 2014 | S&P 500, S&P 500 + DJIA
More upwards movement was expected. The target remains the same. Summary: The mid term target is at 2,132. This may be met in 10 or 18 days time. Click on charts to enlarge. Bull Wave Count I will favor neither the bull or bear wave count. Both are viable and both...
by Lara | Dec 18, 2014 | S&P 500, S&P 500 + DJIA
The main Elliott wave count expected upwards movement. A new high above 2,034.17 confirmed the main Elliott wave count and invalidated the alternate. The bull market is intact. Summary: The mid term target is at 2,132. This may be met in 11 or 19 days time. Click on...
by Lara | Dec 18, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected a little more downwards movement to 1,958 before a trend change. This is not what happened. Price has moved higher. Summary: The wave counts now diverge. A new high above 2,034.17 would confirm the bull market is...
by Lara | Dec 16, 2014 | S&P 500, S&P 500 + DJIA
This downwards movement was expected to extend further, but it was interrupted by a quick upwards movement that invalidated the hourly Elliott wave count before downtrend resumption. Summary: The short term target is at 1,958, and should be met in the next 24 hours....
by Lara | Dec 15, 2014 | S&P 500, S&P 500 + DJIA
This downwards movement was expected for all Elliott wave counts, and an increase in downwards momentum was also expected. Summary: The short / mid term target at 1,942 remains the same, and should be met this week. Click on charts to enlarge. Bull Wave Count I will...
by Lara | Dec 13, 2014 | S&P 500, S&P 500 + DJIA |
My main Elliott wave count had expected upwards movement. This is not what happened. The main hourly wave count was invalidated with downwards movement, which is what the alternate expected. Summary: In the short term I expect downwards movement to show a further...
by Lara | Dec 12, 2014 | S&P 500, S&P 500 + DJIA |
I had expected more downwards movement first before the resumption of the upwards trend. This is not what happened, but price remains below the confirmation / invalidation point. Summary: We should always assume the trend remains the same, until proven otherwise. The...
by Lara | Dec 11, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for Wednesday’s session. Summary: We should always assume the trend remains the same, until proven otherwise. The trend is your friend. At this stage I will assume that a small second wave correction is unfolding, and the target...
by Lara | Dec 9, 2014 | S&P 500, S&P 500 + DJIA |
The S&P 500 has had a trend change at either minute, primary or cycle degree. Summary: We should always assume the trend remains the same, until proven otherwise. The trend is your friend. At this stage I will assume that a small second wave correction is...