by Lara | Apr 4, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected but did not happen. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. The target is 2,124. The invalidation point for this rally is 2,134.72. A short...
by Lara | Apr 1, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected; price made new highs. The session began with a whipsaw which remained just above the invalidation point. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. The...
by Lara | Mar 30, 2016 | S&P 500, S&P 500 + DJIA |
Again, upwards movement was expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. The target is 2,124. The invalidation point for this rally is 2,134.72. A short term target for a...
by Lara | Mar 29, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. The target is 2,124. The invalidation point for this rally is 2,134.72. To see last published monthly...
by Lara | Mar 28, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price made a new high prior to the last trading day and closed above the last open. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. The target is 2,124. The...
by Lara | Mar 21, 2016 | S&P 500, S&P 500 + DJIA |
Again, upwards movement continues as expected. Summary: This is still a bear market rally until proven otherwise. Tomorrow may begin a small correction to last about one to three days which should remain above 2,018.91. Thereafter, the upwards trend should resume....
by Lara | Mar 14, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price made a slight new high. Summary: The short / mid term trend remains up while price remains above 1,969.25. The target is 2,086 – 2,088. When the next impulse is over, then how low the following wave down goes will indicate...
by Lara | Mar 9, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement for a small green daily candlestick still fits the Elliott wave count. Summary: The correction is still most likely over. Price confirmation that the correction is over is still required with a new low below 1,962.96. Upwards movement may continue...
by Lara | Mar 3, 2016 | S&P 500, S&P 500 + DJIA |
Price moved higher as expected, closer to the target. Summary: The bounce is continuing higher as a double or single zigzag. The target for it to end is 2,002 or 2,004. At this stage, earliest confirmation that the bounce is over would come with a new low below...
