by Lara | Dec 3, 2015 | S&P 500, S&P 500 + DJIA |
A new low below 2,066.69 invalidated the hourly Elliott wave counts. At that stage, a third wave down was expected to be in the early stages. Summary: A third wave has most likely begun. I cannot see a five down complete yet on the hourly chart, so more downwards...
by Lara | Nov 23, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. A small range day moved price a little lower. This still fits the wave count. Summary: The trend is still down, but a bear market rally continues and is not done yet. It may end at the end of this week or very early next week. A new high...
by Lara | Nov 10, 2015 | S&P 500, S&P 500 + DJIA |
More downwards movement was expected but did not happen. Price moved mostly sideways in a small range to complete a green candlestick. Summary: More downwards movement is still expected. The first invalidation point on the hourly chart is very close by at 2,083.74....
by Lara | Oct 22, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was unexpected and invalidated the wave count at the hourly chart level. Summary: The structure upwards is either an incomplete double or single zigzag. The target for it to end is 2,065 or 2,080. To see how each of the bull and bear wave counts fit...
by Lara | Aug 17, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement fits both Elliott wave counts. Summary: The first wave count should see strong downwards movement this week towards the target at 2,002. The second wave count expects upwards movement to continue, but this is not currently supported by volume. A new...
by Lara | Aug 11, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected again for Tuesday, but the invalidation point allowed for a second wave correction. Summary: The first wave count expects upwards movement still to not end until a new high above 2,114.24, to a target at 2,119. The second wave count...
by Lara | Aug 5, 2015 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected for Wednesday’s session, which is exactly what happened. Summary: The first wave count still expects a little more upwards movement to a target at 2,119. The second wave count expects the upwards trend to continue. If price...
by Lara | Jul 29, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis allowed for the possibility for upwards movement to continue. Summary: A new low below 2,076.11 would be earliest price confirmation that upwards movement is over, and downwards momentum may then be expected to build. A new high...
by Lara | Jul 23, 2015 | S&P 500, S&P 500 + DJIA |
Price continued to move lower. Summary: A new low below 2,044.02 now would provide a lot of confidence in the first wave count, the target would be at 1,983. A new all time high above 2,134.72 would provide full confidence in the second wave count which expects new...
