by Lara | Apr 29, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but did not happen. Price remains within the diagonal trend lines and above the invalidation point on the hourly Elliott wave chart. Summary: I have a new wave count today which is a slight variation on yesterday’s wave count. A...
by Lara | Apr 23, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but did not happen. The main Elliott wave count (which was unconfirmed) was invalidated. I have two remaining Elliott wave counts. Summary: The target for the main wave count is now at 2,187. The target for the more bullish alternate...
by Lara | Apr 17, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected and showed up at the end of the week, with an increase in volume which was also expected. Summary: The small channel on the hourly chart is breached, and a new low below 2,083.24 adds confidence to the idea that the S&P has begun a...
by Lara | Feb 26, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected, but price moved lower for the session to complete a red candlestick. The invalidation point was not breached. Summary: I expect more upwards movement to a target at 2,133. If it ends in another five sessions minor wave 5 may total a...
by Lara | Feb 14, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected again for both Elliott wave counts. Note: My internet connection today will not allow me to upload video. I have said everything I need to say in the article below. Summary: The upwards trend should continue next trading day. The short...
by Lara | Jan 20, 2015 | S&P 500, S&P 500 + DJIA
Generally speaking the S&P 500 unfolded towards the upside as expected. However, the latest upwards movement did not unfold in a five wave structure, and is clearly corrective and that suggests that the structure we have been following is still incomplete....
by Lara | Jan 12, 2015 | S&P 500, S&P 500 + DJIA |
A new low was expected to begin the session. The upwards trend should have resumed. Summary: The short term target is at 2,139. A new high above 2,113.43 would provide price confirmation that the bull market will continue for a little longer, and would provide...
by Lara | Oct 30, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Downwards movement was expected, but both hourly Elliott wave counts were invalidated with movement above 1,991.40. Summary: The upwards structure is again incomplete. The target for more upwards movement to end is 2,012. If we see a new high above 2,019.26 the main...
by Lara | Oct 6, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected and was how Monday’s session began. Thereafter, some downwards movement produced a red candlestick which fits the Elliott wave count nicely, so far. Summary: I expect to see a third wave up this week. Tomorrow should begin with a...