by Lara | Jul 16, 2016 | S&P 500, S&P 500 + DJIA |
Analysis yesterday again expected more upwards movement. While that is how the session began in the first hour, thereafter price fell to complete a small red daily candlestick. Summary: In the very short term, a small pullback to about 2,147 or 2,133 is expected. If...
by Lara | Jun 23, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Summary: Bottom line: a new low below 2,050.37 would confirm an end to a bear market rally and a primary degree third wave down. Before that happens price may move higher all the way up to the all time high at 2,134.72, but not above if...
by Lara | May 17, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected from the main Elliott wave count yesterday and this is exactly what happened. Summary: The main wave count expects to see downwards movement accelerate in the next week or so as a third wave unfolds. The first short term target is at...
by Lara | Apr 28, 2016 | S&P 500, S&P 500 + DJIA |
So far it looks like the alternate hourly Elliott wave count may be right, but we still don’t have price confirmation. Both hourly charts will expect the same movement next for the short term. Summary: In the short term, a small fourth wave may move higher and...
by Lara | Mar 8, 2016 | S&P 500, S&P 500 + DJIA |
A breach of a channel on hourly chart is earliest confirmation of a trend change. Summary: Earliest indication that the correction may be over came today with a breach of the channel on the hourly chart. This increases the probability that the correction is over....
by Lara | Dec 16, 2015 | S&P 500, S&P 500 + DJIA |
An upwards day was not expected. Price breached the near by invalidation point on the hourly chart. Summary: A downwards trend is still expected to be in place while price remains below 2,093.84. The middle of a big third wave down is still expected to begin sooner...
by Lara | Nov 20, 2015 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected. Summary: The trend is still down, but a bear market rally continues and is not done yet. It may end on Monday or Thursday next week. A new high above 2,116 is expected in the next few days now. If price moves above 2,122, then the...
by Lara | Nov 12, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement confirmed a third wave down is underway. Summary: The trend is down. The alternate which allowed for more upwards movement has been invalidated. This may be a big third wave at intermediate degree unfolding. so expect any surprises to be to the...
by Lara | Nov 3, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected and price remains within the channel. The target at 2,107 was inadequate. Summary: Upwards movement may again be over, but this is unconfirmed. If price continues higher, a possible target for it to end is at 2,119 – 2,121. Only...