by Lara | Dec 24, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was again expected. The upper edge of the black channel on the daily Elliott wave chart looks like it is again providing resistance. Summary: The short term target at 2,097 – 2,098 may be too optimistic. I expect another small green candlestick...
by Lara | Dec 2, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. The Elliott wave count remains the same. Summary: One final small fifth wave is now all that is required to complete this structure at primary (bull count) or cycle degree (bear count). The target is now at 2,087 – 2,089. Click on...
by Lara | Aug 2, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement continued as expected. The target at 1,922 – 1,921 was passed and exceeded by 4.63 points. I have two hourly Elliott wave counts for you today. Summary: It is most likely we shall see more downwards movement to begin the new trading week. The...
by Lara | Jul 19, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected for Friday’s session from last Elliott wave analysis. The main hourly wave count has the “right look”. Summary: I expect upwards movement from here towards 2,010. This may be met in another 23 trading days. Click on...
by Lara | Jun 23, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for Monday’s session. Price has moved sideways and slightly lower to complete a very small red doji candlestick. The Elliott wave structures still have a very typical look and the wave count remains the same. Summary: A new low...
by Lara | Mar 31, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement invalidated the hourly wave count. This continuing sideways movement in an ever decreasing range suggests a triangle may be forming, and I will revert again to that idea as an alternate. Summary: With the hourly wave count invalidated I do not have...
by Lara | Mar 18, 2014 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement for Monday towards 1,817 to 1,812. This is not what happened as price moved higher. However, upwards movement remains below the invalidation point. The wave count remains mostly the same. Summary: The trend remains down at...
by Lara | Mar 5, 2014 | S&P 500, S&P 500 + DJIA |
A new high was unexpected and has invalidated the hourly wave counts. I have a new wave count for you today. Summary: The situation is unclear but in the bigger picture I favour the idea that we should see overall downwards movement for about three weeks. Downwards...
by Lara | Feb 15, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as expected towards the target which has not yet been met. The target remains the same. The wave count remains the same. Summary: Minor wave 2 may end in just one more day about 1,843.When the parallel channel on the hourly chart is clearly...
