by Lara | Mar 16, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement is exactly as expected for Monday’s session. Summary: The next short term target is at 2,111 for the end of minuette wave (ii), where a small correction may begin. The mid term target remains the same at 2,178 for primary wave 3 (or cycle wave b...
by Lara | Jan 29, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for both Elliott wave counts. Summary: This is where the main and alternate wave counts diverge. The main wave count expects more downwards movement to 1,955. This would be confirmed with a new low below 1,988.12. The alternate expects...
by Lara | Dec 26, 2014 | S&P 500, S&P 500 + DJIA
I had expected a small correction to show on the daily Elliott wave chart and end about 2,065.04. It did unfold, but it was very brief and ended only at 2,081.86. Summary: Upwards movement should continue to the mid term target at 2,132. The mid term target may be met...
by Lara | Dec 18, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected a little more downwards movement to 1,958 before a trend change. This is not what happened. Price has moved higher. Summary: The wave counts now diverge. A new high above 2,034.17 would confirm the bull market is...
by Lara | Nov 17, 2014 | S&P 500, S&P 500 + DJIA
Sideways movement in a very small range for Monday leaves both the main and alternate Elliott wave counts exactly the same. Summary: A new high above 2,046.18 would confirm upwards movement should continue, and the first target is 2,049. If price keeps rising above...
by Lara | Aug 6, 2014 | S&P 500, S&P 500 + DJIA |
Price moved to a slight new low to touch the midline of the parallel channel on the hourly chart, exactly as expected. The Elliott wave count remains the same. Summary: I expect that a low degree B wave has just begun and may take about one to one and a half weeks to...
by Lara | Jul 23, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected from yesterday’s Elliott wave analysis. The wave count remains the same. Summary: The target at 2,010 may be met in about two weeks time. Upwards movement should continue from here. Click on charts to enlarge. The aqua blue trend...
by Lara | May 31, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was again expected. Momentum is slowing which was also expected. Summary: Upwards movement is incomplete. The target is at 1,939 to 1,940 and this may be met in one or possibly two more days. Upwards movement is most likely to end when the upper i-iii...
by Lara | May 17, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement for Friday was not expected. I had expected Friday to see more downwards movement. A second wave correction had already arrived. Summary: In the short term a second wave correction may be over. When the small channel on the hourly chart containing it...
