by Lara | Aug 25, 2015 | S&P 500, S&P 500 + DJIA
More downwards movement was expected. Price did not make a new low although Tuesday’s candlestick is red. Summary: Sideways movement on lower volume indicates a correction has arrived that is most likely minute wave iv, the Dead Cat Bounce we were waiting for....
by Lara | Aug 19, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected again for the first Elliott wave count. Summary: The first wave count expects an explosive movement towards the downside, with a target at 2,002. The second wave count now expects some sideways movement before the upwards trend resumes....
by Lara | Aug 13, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis stated that for the first Elliott wave count there was a “very real possibility that a second wave correction may yet move higher”, and the second wave count expected upwards movement. Summary: The first wave count is looking...
by Lara | Aug 8, 2015 | S&P 500, S&P 500 + DJIA |
A short term target for downwards movement for Friday was 2,070 – 2,069. Price moved lower to reach 2,067.91 before turning up as expected. Summary: Both wave counts expect upwards movement next week. If price breaks above 2,132.82, then the first wave count...
by Lara | Aug 1, 2015 | S&P 500, S&P 500 + DJIA
A little upwards movement was expected to begin the session to a target at either 2,115 or 2,117 – 2,121. This is how the session began, with price falling 0.76 short of the first target. Thereafter, price turned down to complete a red candlestick, which is what...
by Lara | Jul 28, 2015 | S&P 500, S&P 500 + DJIA |
More downwards movement was expected for Monday. Summary: A first wave down is almost complete. When complete, a second wave correction will follow which may possibly be deep, but it does not have to be because it may be pulled down by a strong third wave. The second...
by Lara | Jul 21, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA
I have two Elliott wave counts today, with additional regular technical analysis that aims to see which Elliott wave count is more likely. 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...
by Lara | Jul 9, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s hourly wave count expected overall sideways movement: some upwards movement to complete a triangle to be followed by downwards movement as a fifth wave began. This is exactly what happened. Summary: The fourth wave may now be complete. The target for...
by Lara | Jun 29, 2015 | S&P 500, S&P 500 + DJIA |
The narrow channel on the hourly chart was never breached, so some downwards movement was expected to continue. However, a new low below 2,067.93 has invalidated the main Elliott wave count and confirmed the alternate Elliott wave count. Summary: A trend change at...
