by Lara | Aug 20, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s first Elliott wave count, which was favoured, expected “explosive movement towards the downside” for Thursday. This is what happened. Summary: The second Elliott wave count is now invalid and must be discarded. The first Elliott wave...
by Lara | Jul 28, 2015 | S&P 500, S&P 500 + DJIA |
Some upwards movement was expected to unfold this week, which began on Tuesday. Summary: This upwards movement could certainly continue, but it may also be over here. A new low below 2,076.11 would be earliest confirmation that it is over, and downwards momentum may...
by Lara | Feb 9, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for Monday. Summary: The upwards trend should resume tomorrow. The short term target is either 2,098 (main wave count) or 2,133 (alternate wave count). Click on charts to enlarge. Main Bull Wave Count I will favor neither the bull or...
by Lara | Jan 3, 2015 | S&P 500, S&P 500 + DJIA
Price moved lower as expected to end at 2,047.01, right in the target zone at 2,049 – 2,047. Summary: The upwards trend should resume. This would be confirmed with a clear breach of the channel on the hourly chart. The short term target is at 2,121. Click on...
by Lara | Dec 9, 2014 | S&P 500, S&P 500 + DJIA |
The S&P 500 has had a trend change at either minute, primary or cycle degree. Summary: We should always assume the trend remains the same, until proven otherwise. The trend is your friend. At this stage I will assume that a small second wave correction is...
by Lara | Oct 28, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected more upwards movement which is what has happened. Summary: The structure is incomplete. The target is at either 1,999 or 2,012. Upwards movement should continue tomorrow. Click on charts to enlarge. Bearish Wave Count...
by Lara | Oct 21, 2014 | S&P 500, S&P 500 + DJIA
I had expected a red candlestick for Tuesday’s session which is not what happened. I have a new wave count for you today. Summary: The situation is unclear. I still favour a bearish wave count, but it is possible we may see a new high before the market turns. In...
by Lara | Oct 15, 2014 | S&P 500, S&P 500 + DJIA
A green candlestick was expected for Tuesday’s session which is exactly what happened. We have a green doji candlestick. Summary: I expect downwards movement tomorrow. The target for the bull wave count is at 1,866. The target for the bear wave count is at...
by Lara | Sep 29, 2014 | S&P 500, S&P 500 + DJIA |
A slight new low fitted the alternate hourly Elliot wave count and invalidated the main hourly Elliott wave count. Summary: I have more confidence today that the correction is over. I expect about two to four weeks of upwards movement to a target at 2,042. Click on...
