by Lara | May 23, 2016 | S&P 500, S&P 500 + DJIA |
A small inside day does not clarify the situation. Summary: The downwards trend is not in doubt but short term how high a bounce goes is unclear. The main hourly wave count expects upwards movement for another two days (or maybe a little longer) to a target at 2,099...
by Lara | May 4, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected to begin the session but did not happen. Price moved lower as the larger trend expected. Summary: The probability that the upwards wave is over and the next wave down has begun is very high indeed. If the bear wave count is right...
by Lara | Mar 15, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price made a slight new low on another very small range quiet day. Summary: The mid term trend is still most likely up. In the short term, a small fourth wave correction may continue sideways. When it is done the target for the next wave...
by Lara | Feb 9, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected to begin Tuesday’s session, a small correction to be over in less than 11 hours. So far price has moved higher on a small ranging day and the correction has lasted 9 hours. Summary: The trend is still down. A very strong...
by Lara | Oct 10, 2015 | S&P 500, S&P 500 + DJIA |
Price moved a little higher and did not breach the channel on the hourly chart. The channel must be breached before this upwards wave is confirmed as complete. An alternate target is added for the possibility that it may continue further. Summary: The channel on the...
by Lara | Sep 30, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but did not happen. Summary: Downwards movement should continue to new lows this week. If this downwards wave shows a clear strong increase in momentum beyond the last big wave down, then it would be a third wave. If it does not show a...
by Lara | Sep 21, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely, which is what happened. Summary: The probability that a Dead Cat Bounce is over is very high, but not fully confirmed. A clear breach of the upwards sloping aqua blue trend line on the daily charts would confirm it....
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 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...
