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 | Oct 1, 2015 | S&P 500, S&P 500 + DJIA |
A little upwards movement to 1,930 – 1,932 was expected. Price moved a little higher, reaching to 1,927.21 during the session. Summary: I expect more upwards movement tomorrow. The target for this correction to end is at 1,963, but that may be too high. When the...
by Lara | Sep 22, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely, which is what happened. Summary: I expect downwards movement tomorrow. Corrections along the way down may find resistance first at the aqua blue trend line, or at the small downwards sloping acceleration channel on the...
by Lara | Sep 9, 2015 | S&P 500, S&P 500 + DJIA
Sideways movement was expected as most likely, which is what price has been doing for eight days now. Summary: In the short term, a consolidation is expected to continue with the breakout to be down when it is complete. The consolidation is most likely a fourth wave,...
by Lara | Sep 1, 2015 | S&P 500, S&P 500 + DJIA |
A new low below 1,954.09 provided price confirmation that the upwards wave was over and completed as a “three”. Both hourly wave counts remain valid. Their targets are different, but they expect the same direction next. Summary: A strong downwards day with...
by Lara | Aug 26, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement, with short term upwards movement to 1,954, was expected. Summary: A Dead Cat Bounce is most likely unfolding, which should continue for another one to few days and remain below 2,052.09. The downwards trend should resume when the bounce is done. To...
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...
