by Lara | Sep 9, 2015 | S&P 500, S&P 500 + DJIA
Sideways movement was expected as most likely, which is what price has been doing for eight days now. Summary: In the short term, a consolidation is expected to continue with the breakout to be down when it is complete. The consolidation is most likely a fourth wave,...
by Lara | Sep 8, 2015 | S&P 500, S&P 500 + DJIA |
The alternate Elliott wave analysis expected sideways movement and is correct. Summary: In the short term, the situation is unclear. A fourth wave is most likely unfolding; there is still more than one possible structure that it may be. Sideways / upwards movement is...
by Lara | Sep 5, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement for Friday was expected by both hourly Elliott wave counts. Summary: Downwards movement should continue on Tuesday (NY is closed for Labour day on Monday). How low this next move goes may tell us which hourly wave count is correct. A new low...
by Lara | Sep 3, 2015 | S&P 500, S&P 500 + DJIA |
Today’s green doji with a long upper shadow is bearish. I have two ideas at the hourly chart level today. Summary: I have a new alternate idea for you today. I expect either a very strong third wave down, which would be confirmed now with a new low reasonably...
by Lara | Sep 2, 2015 | S&P 500, S&P 500 + DJIA |
Today’s green candlestick gives the main Elliott wave count the “right look”. Summary: This may seem counterintuitive to new members, but today’s green candlestick fits the main hourly wave count very well. The S&P normally shows the...
by Lara | Sep 1, 2015 | S&P 500, S&P 500 + DJIA |
A new low below 1,954.09 provided price confirmation that the upwards wave was over and completed as a “three”. Both hourly wave counts remain valid. Their targets are different, but they expect the same direction next. Summary: A strong downwards day with...
by Lara | Aug 31, 2015 | S&P 500, S&P 500 + DJIA |
The question I am focused on today is this: Is the Dead Cat Bounce over yet? Summary: A tiny red candlestick on the daily chart subdivides as overlapping three wave moves on the hourly and five minute charts. Monday’s downwards movement does not look like the...
by Lara | Aug 28, 2015 | S&P 500, S&P 500 + DJIA |
The Dead Cat Bounce continues. Summary: A Dead Cat Bounce is most likely still unfolding and may now end on Monday (Tuesday at the latest). The bounce looks more likely to be another deep second wave correction, so the next wave down may be more explosive than the...
by Lara | Aug 27, 2015 | S&P 500, S&P 500 + DJIA |
The Dead Cat Bounce continues and remains below the invalidation point. I have two hourly charts for you today. Summary: A Dead Cat Bounce is most likely still unfolding and may end tomorrow. If the Dead Cat Bounce is a fourth wave, then it may end about 1,996, but if...
