by Lara | May 27, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement was expected to complete a small fourth wave correction to about 2,107, a small green candlestick or doji was expected for Wednesday. This is not what happened. Price moved much higher than expected, breaching the invalidation point on the hourly...
by Lara | May 19, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement may now be over for the S&P. The Elliott wave structure is now complete, just short of the target at 2,135 to 2,137. Summary: Upwards movement may have ended on Tuesday slightly short of the target. A trend change, no matter what degree, still...
by Lara | Apr 2, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the main Elliott wave count for Thursday. This is not what happened, but upwards movement remains below the invalidation point. Summary: The main wave count requires downwards movement when markets open to complete a five down on...
by Lara | Mar 24, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected, but it was allowed for that a fourth wave correction could continue sideways / lower, which is what happened. Summary: The target remains at 2,178 now calculated at two wave degrees. The upper blue 1-3 trend line should be overshot...
by Lara | Mar 9, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement fits both Elliott wave counts. If upwards movement continues tomorrow the main Elliott wave count will be more likely. Summary: The main wave count expects another eleven days of upwards movement to a target at 2,153. First confirmation would come...
by Lara | Jan 30, 2015 | S&P 500, S&P 500 + DJIA |
Both Elliott wave counts remain valid as price unfolded within a range on Friday`s session, and price has still not confirmed either Elliott wave count. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed with a new...
by Lara | Jan 23, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected for Friday’s session. The Elliott wave counts remain mostly the same. Summary: Downwards movement is expected in the short term for both wave counts. If downwards movement breaches 1,988.12 the alternate bull wave count will be...
by Lara | Jan 15, 2015 | S&P 500, S&P 500 + DJIA
Sideways movement had the upper hand on Thursday`s session, That part was expected but also we expected short term upwards correction to take place before resuming downwards movement. Today`s price action suggests that this might not be the case. Summary:...
by Lara | Dec 29, 2014 | S&P 500, S&P 500 + DJIA
Lara had expected upwards movement to end about 2,132. Price drifted upwards and target is yet to be met. Summary: Upwards movement should continue to the mid term target at 2,132. The mid term target may be met in another 5 or 13 trading days. Click on charts to...