by Lara | Dec 16, 2015 | S&P 500, S&P 500 + DJIA |
An upwards day was not expected. Price breached the near by invalidation point on the hourly chart. Summary: A downwards trend is still expected to be in place while price remains below 2,093.84. The middle of a big third wave down is still expected to begin sooner...
by Lara | Nov 20, 2015 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected. Summary: The trend is still down, but a bear market rally continues and is not done yet. It may end on Monday or Thursday next week. A new high above 2,116 is expected in the next few days now. If price moves above 2,122, then the...
by Lara | Nov 12, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement confirmed a third wave down is underway. Summary: The trend is down. The alternate which allowed for more upwards movement has been invalidated. This may be a big third wave at intermediate degree unfolding. so expect any surprises to be to the...
by Lara | Nov 3, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected and price remains within the channel. The target at 2,107 was inadequate. Summary: Upwards movement may again be over, but this is unconfirmed. If price continues higher, a possible target for it to end is at 2,119 – 2,121. Only...
by Lara | Oct 15, 2015 | S&P 500, S&P 500 + DJIA |
Some upwards movement was expected for Thursday, but a little more downwards movement to 1,986 – 1,984 was expected first which did not happen. Summary: The S&P remains within a consolidation; the Elliott wave count has the consolidation as either a fourth...
by Lara | Aug 24, 2015 | S&P 500, S&P 500 + DJIA |
A small bounce completed a small fourth wave correction while price moved lower. The wave count is unfolding mostly as expected, but targets continue to be inadequate. Summary: A target for this third wave to end is at 1,840 which may be met tomorrow. The following...
by Lara | Aug 12, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday, but did not happen. Summary: The first wave count now expects downwards movement to continue for a third wave to end at 2,002. Before this gets underway though, there is the very real possibility that a second wave...
by Lara | Aug 6, 2015 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected, but did not happen. Summary: For the short term, both wave counts expect downwards movement to 2,070 – 2,069 to be followed by upwards movement to at least above 2,114.24. How high the next wave goes may tell which wave...
by Lara | Jul 30, 2015 | S&P 500, S&P 500 + DJIA |
A sideways day which did not manage to make a new high fits both Elliott wave counts. Summary: A new low now below 2,063.52 would be earliest price confirmation that upwards movement is over, and downwards momentum may then be expected to build. A new high above...
