by Lara | Mar 5, 2016 | S&P 500, S&P 500 + DJIA |
Price moved higher to 2,009, above the target which was 2,002 or 2,004. Summary: Confirmation that the correction is over is required with a new low below 1,962.96. Upwards movement may continue while price remains above this point. A low below 1,962.96 by any amount...
by Lara | Feb 16, 2016 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected. The most likely point for it to end was expected to be 1,895. So far upwards movement has reached 1,895.77. Summary: The trend is down. Upwards movement is now reasonably likely to be over. A new low below 1,810.10 would confirm...
by Lara | Jan 16, 2016 | S&P 500, S&P 500 + DJIA |
Last analysis reminded members that the trend is still down. A new low below the August lows was expected. Summary: The trend is still down. When markets open on Tuesday a new low below 1,857.83 would be very bearish. If that happens, expect surprises to the downside....
by Lara | Jan 14, 2016 | S&P 500, S&P 500 + DJIA |
On the preferred hourly chart, upwards movement has breached the base channel but remains below the invalidation point. Summary: The trend is still down. Upwards movements are corrections against the trend. While price remains below 1,949.95 the preferred idea will...
by Lara | Mar 23, 2015 | S&P 500, S&P 500 + DJIA |
A slight new high was made before price turned down to complete a red candlestick. The short term target was not met. Summary: The target remains at 2,178 now calculated at two wave degrees. The upper blue 1-3 trend line should be overshot before this movement is...
by Lara | Feb 10, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday for both Elliott wave counts. Summary: The upwards trend should continue tomorrow. The short term target is either 2,098 (main wave count) or 2,133 (alternate wave count). Click charts to enlarge. Main Bull Wave Count I will...
by Lara | Dec 11, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for Wednesday’s session. Summary: We should always assume the trend remains the same, until proven otherwise. The trend is your friend. At this stage I will assume that a small second wave correction is unfolding, and the target...
by Lara | Nov 1, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. I can now calculate a target for the alternate bear wave count. Summary: Any movement above 2,019.26 would invalidate the main bear wave count and confirm the alternate. At that stage the target of upwards movement would be 2,044. The...
by Lara | Oct 22, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. This has been followed by a little downwards movement which still fits within this Elliott wave count perfectly. Summary: At least one more short upwards wave is required to complete the structure. The target is 1,971. Click on charts to...
