by Lara | Sep 27, 2014 | S&P 500, S&P 500 + DJIA
I had expected more downwards movement for Friday’s session. This is not what happened. Upwards movement breached the invalidation point on the hourly Elliott wave chart. Summary: Movement above 1,999.79 would confirm that this correction is over and price...
by Lara | Sep 26, 2014 | S&P 500, S&P 500 + DJIA
Movement below 1,978.63 invalidated the main hourly wave count and confirmed the first alternate. The target then was at 1,968. Price reached down to 1,966.56. Summary: The structure is incomplete. I expect more downwards movement to a target at 1,953. Price should...
by Lara | Sep 25, 2014 | S&P 500, S&P 500 + DJIA
Price began the session with a little downwards movement. This is enough to complete the Elliott wave structure. Now a trend change needs to be confirmed. Summary: The fourth wave correction may be over. The fifth wave may have begun and the first target is 2,105. A...
by Lara | Sep 23, 2014 | S&P 500, S&P 500 + DJIA
Price moved lower exactly as expected for Monday’s session. Summary: The fourth wave correction looks like it is more likely a flat and it may end sooner than I had expected. The target for downwards movement is at 1,968, and this may be met within a very few...
by Lara | Sep 21, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but the target at 2,013 was comfortably passed. Thereafter, downwards movement to complete a red candlestick for Friday’s session was expected. Summary: The fourth wave correction is either a flat correction which may end in...
by Lara | Sep 21, 2014 | DJIA, S&P 500 + DJIA
Click on charts to enlarge. Bullish Wave Count. Bearish Wave Count.
by Lara | Sep 18, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement invalidated the hourly wave count. Summary: I expect a slight new high to 2,013 to begin tomorrow’s session. Thereafter, tomorrow should see more downwards movement and a red candlestick. This may be either wave C of a flat correction or wave C...
by Lara | Sep 18, 2014 | S&P 500, S&P 500 + DJIA
The short term target for Wednesday’s session was 2009. This was reached and exceeded by 1.74 points. Summary: Tomorrow should see more downwards movement and a red candlestick. This may be either wave C of a flat correction or wave C of a triangle. Overall,...
by Lara | Sep 13, 2014 | S&P 500, S&P 500 + DJIA
The main hourly Elliott wave count expected more downwards movement which is what happened during Friday’s session. Both wave counts remain valid. Summary: Minute wave iv has now lasted six days and should continue for at least two more weeks. Overall, minute...
