by Lara | Apr 11, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement of the last two sessions looks like an Elliott wave contracting triangle. In the short term, the wave count is changed. In the mid term, the expected direction is the same. Summary: This is still a bear market rally until proven otherwise. A final...
by Lara | Apr 6, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. This is what happened. The Elliott wave count remains on track. 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 invalidation point...
by Lara | Mar 28, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price made a new high prior to the last trading day and closed above the last open. 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 | Mar 24, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected to continue. This is what happened. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. On Balance Volume strongly suggests that downwards movement for Thursday...
by Lara | Mar 23, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement to about 2,035 was expected for Wednesday. Price moved lower to reach 2,034.86. Summary: This is still a bear market rally until proven otherwise. Today’s downwards day may have been day one of minor wave 4 which may continue lower / sideways...
by Lara | Mar 22, 2016 | S&P 500, S&P 500 + DJIA |
A small green doji for the session looks corrective. Summary: This is still a bear market rally until proven otherwise. Price may continue a little lower tomorrow to complete a small correction about 2,035. Thereafter, the upwards trend should resume to at least...
by Lara | Mar 17, 2016 | S&P 500, S&P 500 + DJIA |
A new high early in the session above 2,032.59 indicated more upwards movement was expected. Summary: This is still a bear market rally until proven otherwise. This rally is reasonably likely to end above 2,116.48, but it cannot make a new all time high. In the short...
by Lara | Mar 16, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA, S&P 500 Historical |
A slight new high fits the bull and alternate bear Elliott wave counts best. The situation short term is slightly clearer. There will only be one bear Elliott wave count now. Summary: This is still a bear market rally until proven otherwise. The target remains at...
by Lara | Mar 14, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price made a slight new high. Summary: The short / mid term trend remains up while price remains above 1,969.25. The target is 2,086 – 2,088. When the next impulse is over, then how low the following wave down goes will indicate...
