by Lara | Sep 21, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but the target at 2,013 was comfortably passed. Thereafter, downwards movement to complete a red candlestick for Friday’s session was expected. Summary: The fourth wave correction is either a flat correction which may end in...
by Lara | Sep 11, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick was unexpected, but price has found resistance at the upper edge of the parallel channel on the hourly chart. I have a new alternate hourly Elliott wave count for you today. Summary: If price moves above the upper edge of the base channel on...
by Lara | Sep 2, 2014 | S&P 500, S&P 500 + DJIA
Although price began the new week with very slightly higher movement, the target has not been met and Tuesday’s small red candlestick indicates the target may not be met. I have two Elliott wave counts for you. The confirmation / invalidation points are very...
by Lara | Aug 18, 2014 | S&P 500, S&P 500 + DJIA
Downwards or sideways movement was expected but price has again moved higher. I still expect it is most likely minuette wave (iv) is incomplete. The wave counts remain the same. Summary: It is still most likely that minuette wave (iv) is incomplete. Tomorrow may begin...
by Lara | Jul 9, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was again expected. The Elliott wave count remains the same. Summary: I expect downwards movement to continue for a few days to a target at 1,924. I have an alternate which expects a continuation of upwards movement, and it would be confirmed with...
by Lara | Jun 24, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected from yesterday’s technical anlaysis. Price has ended the session with strong downwards movement, but a new high was made first. This new high remains below the maximum level for the Elliott wave count. Summary: A new low below...
by Lara | Jun 12, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected. A breach of the small channel on the hourly chart fives a little confidence in the wave count at least for the mid term outlook. Summary: In the short term tomorrow I expect to see a little upwards movement to end about 1,949.63....
by Lara | May 28, 2014 | S&P 500, S&P 500 + DJIA |
A new high was expected. The structure is incomplete and a target can now be calculated at two wave degrees. Summary: Upwards movement is incomplete. The target is at 1,939 to 1,940. Upwards movement is most likely to end when the upper i-iii pink trend line is...
by Lara | May 14, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA |
I had expected a continuation of upwards movement for Wednesday, with a slowing of momentum. This is not what happened. Price moved lower. Although price remains above the invalidation point on yesterday’s hourly wave chart, the red candlestick for...
