by Lara | Mar 24, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected, but it was allowed for that a fourth wave correction could continue sideways / lower, which is what happened. Summary: The target remains at 2,178 now calculated at two wave degrees. The upper blue 1-3 trend line should be overshot...
by Lara | Mar 23, 2015 | S&P 500, S&P 500 + DJIA |
A slight new high was made before price turned down to complete a red candlestick. The short term target was not met. Summary: The target remains at 2,178 now calculated at two wave degrees. The upper blue 1-3 trend line should be overshot before this movement is...
by Lara | Mar 21, 2015 | FTSE, FTSE Historical
Charts only today. Click on charts to enlarge.
by Lara | Mar 21, 2015 | S&P 500, S&P 500 + DJIA
The correction was already complete. Upwards movement continued. Summary: The mid term target remains the same at 2,178 for primary wave 3 (or cycle wave b for the bear wave count) to end. Upwards movement should not end until the upper blue 1-3 trend line on the...
by Lara | Mar 19, 2015 | S&P 500, S&P 500 + DJIA
More upwards movement was expected, but I had not expected to see a red candlestick for another one or two days. Downwards movement remains above the invalidation point. Summary: The mid term target remains the same at 2,178 for primary wave 3 (or cycle wave b for the...
by Lara | Mar 18, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement and an increase in upwards momentum were expected for Wednesday’s session. The main Elliott wave count is confirmed at the hourly chart level. Summary: The next short term target is at 2,126 for the end of subminuette wave iii, where a small...
by Lara | Mar 17, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected towards the target. Another red candlestick looks like another second wave correction, and price remains above the invalidation point and above the lower blue trend line. Summary: The next short term target is at 2,111 for the end of...
by Lara | Mar 16, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement is exactly as expected for Monday’s session. Summary: The next short term target is at 2,111 for the end of minuette wave (ii), where a small correction may begin. The mid term target remains the same at 2,178 for primary wave 3 (or cycle wave b...
by Lara | Mar 14, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected from the main Elliott wave count. Friday ended with a red candlestick, but price continues to find strong support at the two trend lines and remains above the invalidation points. Summary: The main wave count requires upwards movement on...