by Lara | Apr 30, 2015 | S&P 500, S&P 500 + DJIA |
A new low below 2,086.38 indicated further downwards movement to end before 2,013.27, most likely to end at the lower aqua blue trend line. Summary: I have just the one bull and the one bear wave count today. They both expect the same direction next and they...
by Lara | Apr 29, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but did not happen. Price remains within the diagonal trend lines and above the invalidation point on the hourly Elliott wave chart. Summary: I have a new wave count today which is a slight variation on yesterday’s wave count. A...
by Lara | Apr 28, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was unexpected, although an alternate wave count did allow for it. Summary: I am changing the wave count at the weekly, daily and hourly chart level. In the short term I expect one more high to 2,134. That may be followed by a deep correction back...
by Lara | Apr 27, 2015 | S&P 500, S&P 500 + DJIA |
Overall upwards movement was expected. Summary: The target for the main wave count is now at 2,187. The target for the more bullish alternate is first at 2,571. On the way up a new high above 2,253.79 would indicate the bull market should continue for longer, maybe...
by Lara | Apr 24, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to continue. Price made a slight new high and Friday completed a small green candlestick. Summary: The target for the main wave count is now at 2,187. The target for the more bullish alternate is first at 2,571. Click charts to enlarge....
by Lara | Apr 23, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but did not happen. The main Elliott wave count (which was unconfirmed) was invalidated. I have two remaining Elliott wave counts. Summary: The target for the main wave count is now at 2,187. The target for the more bullish alternate...
by Lara | Apr 22, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but did not happen. Price remains below the invalidation point and has again found resistance exactly at the pink trend line. Summary: The mid term target is now at 2,006 and may be met in five sessions if subminuette wave iii exhibits...
by Lara | Apr 21, 2015 | S&P 500, S&P 500 + DJIA
Yesterday’s hourly chart expected Tuesday to begin with a little upwards movement to find resistance at the pink trend line, and thereafter it expected price to turn down. This is exactly what happened. Summary: The mid term target remains at 2,000 and may be...
by Lara | Apr 20, 2015 | S&P 500, S&P 500 + DJIA |
The hourly chart expected some upwards movement for another second wave correction in the short term. This unfolded on Monday. Summary: The mid term target remains at 2,000 and may be met in another five or ten sessions if minuette wave (iii) totals a Fibonacci eight...