by Lara | Aug 18, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the first Elliott wave count. Summary: The first wave count should see strong downwards movement this week towards the target at 2,002. The second wave count expects upwards movement to continue, but this is not currently supported...
by Lara | Jul 15, 2015 | S&P 500, S&P 500 + DJIA |
Wednesday completed a small red candlestick after moving a little higher. Downwards movement has clearly breached the channel on the hourly chart. Summary: A third wave within a third wave down should begin from here to 1,995 or 1,922. Changes to last analysis are...
by Lara | Jun 26, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday, but this did not happen. However, the lower trend line on the hourly Elliott wave chart did work perfectly to show where downwards movement found support. Summary: The trend line on the hourly chart needs to be breached before...
by Lara | May 26, 2015 | S&P 500, S&P 500 + DJIA |
The short term target for downwards movement at 2,103 was met and exceeded slightly by 3.73 points. Summary: A small fourth wave correction is incomplete; sideways movement may complete a small green candlestick or doji for tomorrow. The fourth wave may end about...
by Lara | Mar 18, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement and an increase in upwards momentum were expected for Wednesday’s session. The main Elliott wave count is confirmed at the hourly chart level. Summary: The next short term target is at 2,126 for the end of subminuette wave iii, where a small...
by Lara | Mar 3, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price moved lower to invalidate the main hourly Elliott wave count. Summary: The target remains the same at 2,133, but it may not be met in just two more sessions and looks like it will need a little longer to get there. I am still...
