by Lara | Aug 26, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement, with short term upwards movement to 1,954, was expected. Summary: A Dead Cat Bounce is most likely unfolding, which should continue for another one to few days and remain below 2,052.09. The downwards trend should resume when the bounce is done. To...
by Lara | Aug 25, 2015 | S&P 500, S&P 500 + DJIA
More downwards movement was expected. Price did not make a new low although Tuesday’s candlestick is red. Summary: Sideways movement on lower volume indicates a correction has arrived that is most likely minute wave iv, the Dead Cat Bounce we were waiting for....
by Lara | Aug 24, 2015 | S&P 500, S&P 500 + DJIA |
A small bounce completed a small fourth wave correction while price moved lower. The wave count is unfolding mostly as expected, but targets continue to be inadequate. Summary: A target for this third wave to end is at 1,840 which may be met tomorrow. The following...
by Lara | Aug 21, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected more downwards movement to a target at 2,002. The direction was right, but the target was inadequate. Summary: This third wave is not yet done. A target for it to end is now recalculated at 1,940. When this third wave is done the...
by Lara | Aug 20, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s first Elliott wave count, which was favoured, expected “explosive movement towards the downside” for Thursday. This is what happened. Summary: The second Elliott wave count is now invalid and must be discarded. The first Elliott wave...
by Lara | Aug 19, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected again for the first Elliott wave count. Summary: The first wave count expects an explosive movement towards the downside, with a target at 2,002. The second wave count now expects some sideways movement before the upwards trend resumes....
by Lara | Aug 18, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the first Elliott wave count. Summary: The first wave count should see strong downwards movement this week towards the target at 2,002. The second wave count expects upwards movement to continue, but this is not currently supported...
by Lara | Aug 17, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement fits both Elliott wave counts. Summary: The first wave count should see strong downwards movement this week towards the target at 2,002. The second wave count expects upwards movement to continue, but this is not currently supported by volume. A new...
by Lara | Aug 15, 2015 | S&P 500, S&P 500 + DJIA |
Friday’s session remained within the range of the prior day. Summary: The analysis remains exactly the same. The first wave count is looking slightly more likely at this stage, but is unconfirmed. It now expects very strong downwards movement, which must unfold...
