by Lara | Jun 5, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was not what was expected for the main bull Elliott wave count. The alternate is yet to be confirmed though. Summary: The main wave count must see upwards movement on Monday. The new target is at 2,152. The alternate expects price to continue to...
by Lara | Jun 4, 2015 | S&P 500, S&P 500 + DJIA |
A little downwards and sideways movement was expected, but price moved lower than expected breaching the invalidation point at the hourly chart level. Summary: The triangle is invalidated. The bull wave count requires upwards movement tomorrow. The target for a final...
by Lara | Jun 3, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement was exactly what was expected for Wednesday’s session. The Elliott wave count remains the same. Summary: Sideways movement should continue tomorrow to complete a triangle, with a small downwards movement to most likely fall short of the lower...
by Lara | Jun 2, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected, but price moved sideways to complete a small red doji. A new low during Tuesday’s session breached the invalidation point on the hourly chart by 0.02 points. Summary: Sideways movement was the continuation of a B wave triangle. The...
by Lara | Jun 1, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Monday did complete a small green candlestick, but a new low of 2 points began the session. This small downwards movement has remained above the invalidation point on the hourly chart. Summary: I expect now one more upwards wave to...
by Lara | May 30, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. I am changing the Elliott wave count though, because downwards momentum is weak and there has not been a clear five down on the hourly chart. Summary: I expect now one more upwards wave to 2,154. If this target is met it may flush out...
by Lara | May 28, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: The next move for the S&P may be a strong third wave down to a short term target about 2,069. Changes to last analysis are italicised. To see a weekly chart and how to draw trend lines go here. Bull Wave Count Click chart...
by Lara | May 27, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement was expected to complete a small fourth wave correction to about 2,107, a small green candlestick or doji was expected for Wednesday. This is not what happened. Price moved much higher than expected, breaching the invalidation point on the hourly...
by Lara | May 26, 2015 | S&P 500, S&P 500 + DJIA |
The short term target for downwards movement at 2,103 was met and exceeded slightly by 3.73 points. Summary: A small fourth wave correction is incomplete; sideways movement may complete a small green candlestick or doji for tomorrow. The fourth wave may end about...
