by Lara | Dec 6, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday, which is exactly what has happened. Summary: The main wave count now expects upwards movement here for a fifth wave to end a third wave. The target is at 2,226 – 2,227. This bull market is ageing, but it still shows...
by Lara | Nov 16, 2016 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement. Price has moved sideways, to complete a small doji candlestick, and remains below the invalidation point on the Elliott wave count. Summary: A correction down to about 2,120 and the lilac trend line is still...
by Lara | Oct 26, 2016 | S&P 500, S&P 500 + DJIA |
A red daily candlestick was expected for Tuesday’s session, which is exactly what happened. The short term target was at 2,145. The low for the day was 2,141.93. Summary: Tomorrow’s session may begin with a very little downwards movement to end close to...
by Lara | Sep 22, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Thursday’s session. Summary: Volume and divergence with the AD line suggests one or two days of downwards movement. This supports the second hourly chart for the main wave count. Price may move overall lower over one to a few...
by Lara | Apr 20, 2016 | S&P 500, S&P 500 + DJIA |
The short term target on yesterday’s hourly chart was 2,103. This target was met. The high for the session was 2,104.05, just 1.05 points above the target. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with...
by Lara | Mar 31, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected but did not happen. Downwards movement remains 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 target is 2,124. The...
by Lara | Dec 24, 2014 | S&P 500, S&P 500 + DJIA
Again, upwards movement was expected. I warned yesterday that the short term target may be too optimistic, and it looks like it was. It will not be met… yet. The mid term target remains the same. Summary: In the short term I expect a small fourth wave correction...
by Lara | Dec 4, 2014 | S&P 500, S&P 500 + DJIA |
A new high was expected. Price continues to move higher towards the target. Summary: One final small fifth wave is now all that is required to complete this structure at primary (bull count) or cycle degree (bear count). The target is now at 2,087 – 2,089. Click...
by Lara | Aug 5, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s main Elliott wave count expected a red candlestick and a new low for Wednesday’s session which is exactly what has happened. Because the alternate Elliott wave count was invalidated, today I have just one wave count. Summary: I expect a little...