by Lara | Mar 25, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement has invalidated the main hourly Elliott wave count, but is not yet enough to confirm the alternate wave count. What happens tomorrow is crucial. Summary: Price is right at the lower blue 2-4 trend line on the main daily wave count. For the main wave...
by Lara | Feb 19, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but price again moved sideways in a small range. Summary: I expect more upwards movement to 2,133. This may end in two days. Click charts to enlarge. Bullish Wave Count Upwards movement from the low at 666.79 subdivides as an incomplete...
by Lara | Dec 30, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement invalidated yesterday’s hourly Elliott wave count. The structure is incomplete though, and the target should still be met. Summary: The mid term target is now widened to a zone at 2,132 – 2,138. This may be met now in another 4 or 12...
by Lara | Dec 6, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected. Summary: A small ending contracting diagonal may be unfolding for the final fifth wave up. The target for it to end, probably on Monday, is at 1,281. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave...
by Lara | Oct 27, 2014 | S&P 500, S&P 500 + DJIA
A little more upwards movement was expected, but price is moving sideways. Summary: A fourth or B wave triangle is almost complete. One final upwards wave should follow to either 1,975 or 2,012. The lower target looks more likely as the upper aqua blue line looks like...
by Lara | Oct 18, 2014 | S&P 500, S&P 500 + DJIA
A little upwards movement to 1,880 was expected. Price moved a lot higher than this though, exceeding the target by 18.16 points. Summary: I expect downwards movement and a red candlestick for Monday’s session to a target at 1,805. If upwards movement breaches...
by Lara | Oct 10, 2014 | S&P 500, S&P 500 + DJIA
I had expected only a little downwards movement to 1,918. Price has moved comfortably below that target. Summary: If the bull wave count is correct then intermediate wave (2) must be nearing completion. The target is 1,884. If the bear wave count is correct then a...
by Lara | Oct 3, 2014 | S&P 500, S&P 500 + DJIA
The upper aqua blue trend line has been breached for the first time since June 2013. I have two Elliott wave counts for you today for each of the bullish and bearish scenarios. Summary: The short term outlook looks a little clearer today. Downwards movement should...
by Lara | Oct 2, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement has brought price to touch the upper aqua blue trend line. Summary: The situation is unclear, but the main wave count still has the better overall look. Movement above 1,964.04 would provide price confirmation that minute wave iv is over and minute...
