by Lara | Sep 26, 2014 | S&P 500, S&P 500 + DJIA
Movement below 1,978.63 invalidated the main hourly wave count and confirmed the first alternate. The target then was at 1,968. Price reached down to 1,966.56. Summary: The structure is incomplete. I expect more downwards movement to a target at 1,953. Price should...
by Lara | Sep 18, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement invalidated the hourly wave count. Summary: I expect a slight new high to 2,013 to begin tomorrow’s session. Thereafter, tomorrow should see more downwards movement and a red candlestick. This may be either wave C of a flat correction or wave C...
by Lara | Sep 9, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected for Tuesday’s session. The invalidation point at 1,990.10 on the hourly chart was breached. The Elliott wave count is changed. Summary: I expect that minute wave iii is actually over sooner than expected. A clear breach of any...
by Lara | Jul 17, 2014 | S&P 500, S&P 500 + DJIA
The main hourly Elliott wave count was invalidated by upwards movement. I still expect this correction is unfolding and is incomplete. Summary: The main wave count expects a little more sideways movement before a final wave down to complete this correction. The...
by Lara | Jul 16, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. It subdivides as a five wave impulse on the five minute chart and so this fits the main wave count nicely. Summary: My main wave count which has a higher probability expects downwards movement to begin to show an increase in downwards...
by Lara | Jul 2, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
The target for the bull and bear wave counts for the mid term remains the same. Both hourly Elliott wave counts remain the same, and they have a close to even probability. Summary: Upwards movement is not over. But for the short term I expect to see a small fourth...
by Lara | Jun 21, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected from yesterday’s technical analysis. The Elliott wave structure is now complete and looks typical. Summary: With Friday’s volume spike providing the final requirement for this structure it may be that upwards movement ended on...
by Lara | Jun 19, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected from yesterday’s technical analysis. The Elliott wave structure is incomplete and price should continue up towards the target. Summary: In the short term I expect more upwards movement to a target at 1,964. The target may be met in...
by Lara | Jun 7, 2014 | S&P 500, S&P 500 + DJIA |
Price moved a little higher, as I had accepted was possible. The trend line overshoot for the diagonal is looking very typical still. I expect the S&P 500 should move lower from here. The trend change is at least intermediate degree, and may be at primary degree....