by Lara | Dec 1, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Thursday’s session. The target at 2,190 was met and exceeded so far by 2.56 points. 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....
by Lara | Nov 12, 2016 | S&P 500, S&P 500 + DJIA |
An inside day began with downwards movement, as expected, but the target was not reached. Summary: A correction down to about 2,120 and the lilac trend line is expected next week. Use this as an opportunity to join the trend for a third wave up. Volume strongly...
by Lara | Nov 10, 2016 | S&P 500, S&P 500 + DJIA |
A red long legged doji for today’s session indicates indecision, a balance between bulls and bears. This mostly fits expectations; this session was expected to produce a small red daily candlestick. Summary: Tomorrow may begin with some downwards movement to a...
by Lara | Oct 15, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday’s session. The session made a higher high and a higher low, but it closed with a red candlestick. Summary: Price may move lower to complete a second wave correction on Monday, and this is supported by short term...
by Lara | Aug 30, 2016 | S&P 500, S&P 500 + DJIA |
A small downwards day fits for both hourly Elliott wave counts. Summary: Overall, this week and maybe also next week should continue with downwards movement to end about 2,147.58. Downwards movement may be choppy, overlapping, and take its time. Last monthly chart for...
by Lara | Aug 9, 2016 | S&P 500, S&P 500 + DJIA |
Yesterday’s hourly Elliott wave count expected some upwards movement to end between 2,185.44 to 2,188.32, then downwards movement. Price began the session with upwards movement and reached 1,287.66 before turning downwards exactly as expected. Summary: The trend...
by Lara | Aug 8, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to a target at either 2,192 or 2,199. The session began with a little upwards movement but only to 2,185.44 before turning down. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above...
by Lara | Apr 14, 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 underway with a target just above 2,116.48. It may end in just three more sessions on 19th April, 2016. The upwards trend is very weak. To...
by Lara | Feb 24, 2016 | S&P 500, S&P 500 + DJIA |
Again, downwards movement was expected. Price moved lower to make a lower low and a lower high. This fits the wave count. Summary: Upwards movement is still most likely over. A break now below the lower cyan trend line and below 1,891 would add substantial confidence....
