by Lara | May 13, 2015 | S&P 500, S&P 500 + DJIA
Sideways movement fits both hourly Elliott wave counts. Summary: It is now more likely that minuette wave (b) was over two days ago and minuette wave (c) upwards has begun to 2,135. It is still possible but now less likely that minuette wave (b) will continue lower to...
by Lara | May 12, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement has deepened the correction, which remains above the trend line and invalidation point. Summary: It is fairly likely that minuette wave (b) is over and minuette wave (c) up has begun. The short term target is at 2,135 for upwards movement to end....
by Lara | May 11, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Monday, but this is not what happened. Some downwards movement was expected, but for later this week and not for Monday. The Elliott wave count remains the same. Summary: Downward movement for Monday is showing on the daily chart as a...
by Lara | May 9, 2015 | S&P 500, S&P 500 + DJIA
Overall upwards movement was again expected. Summary: Within minute wave v zigzag, the a wave is incomplete. A short term target for Monday is 2,130. Minuette wave (a) may find resistance at the upper i-iii trend line of the diagonal, and this may be where one to...
by Lara | May 7, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected from yesterday’s Elliott wave analysis. This is exactly what happened. Summary: The wave count expects upwards movement to continue for at least another week. Only when the i-iii trend line of the diagonal is overshot would the wave...
by Lara | May 6, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement continued, as expected, reaching 3.07 points below the target which was at 2,071. Summary: The wave count now expects upwards movement to be extremely likely to move above 2,125.92 to avoid a truncation. Upwards movement is highly likely to only end...
by Lara | May 6, 2015 | Google
I noticed this trend line on Google. I call it Google’s “forever trend line”: I noticed also the general decline in volume for Google. A decline in volume while price rises is suspicious. I would expect Google to remain in a bull market and this...
by Lara | May 5, 2015 | S&P 500, S&P 500 + DJIA |
The main hourly Elliott wave count expected downwards movement which is what happened. Summary: It is most likely downwards movement will continue for at least one more day, and maybe two. The target remains the same at 2,071, with a limit at 2,013.27. Downwards...
by Lara | May 4, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement is not enough to invalidate or confirm any of the three hourly wave counts from last Elliott wave analysis. Summary: A new high above 2,125.92 would confirm the final fifth wave up is underway. While price remains below 2,125.92 it is possible that...
