by Lara | Feb 5, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected to begin Friday’s session. This did not happen. Summary: Monday should see strong downwards movement. The target remains at 1,428 for the preferred bear wave count, or 1,693 for the less preferred bull wave count. To see...
by Lara | Feb 4, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement with lighter volume to complete a small green doji is weak. Targets and expectations remain the same. Summary: Price should move a little higher to complete a small correction when markets open tomorrow. Third waves often start out slowly with a...
by Lara | Jan 28, 2016 | S&P 500, S&P 500 + DJIA |
Again, sideways movement continues exactly as expected. Summary: This bounce is either another second wave correction or a fourth wave correction, and it should continue for a further two (more likely) or seven (less likely) trading sessions. If price moves higher...
by Lara | Jan 27, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement continues exactly as expected. Summary: This bounce is either another second wave correction or a fourth wave correction, and it should continue for a further three (more likely) or eight (less likely) trading sessions. If price moves higher from...
by Lara | Jan 20, 2016 | S&P 500, S&P 500 + DJIA |
Price moved lower as the preferred hourly Elliott wave count expected. Summary: The middle of a big third wave should be approaching. The wave count expects a further increase in momentum. This view has a higher probability than the alternate which expects a bounce...
by Lara | Jan 19, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement fits both Elliott wave hourly wave counts and does not provide clarity. The upper price point to differentiate the two ideas may be moved lower. Summary: The trend is down. The only question still today is: are we going to see a deeper bounce here or...
by Lara | Jan 16, 2016 | S&P 500, S&P 500 + DJIA |
Last analysis reminded members that the trend is still down. A new low below the August lows was expected. Summary: The trend is still down. When markets open on Tuesday a new low below 1,857.83 would be very bearish. If that happens, expect surprises to the downside....
by Lara | Jan 14, 2016 | S&P 500, S&P 500 + DJIA |
On the preferred hourly chart, upwards movement has breached the base channel but remains below the invalidation point. Summary: The trend is still down. Upwards movements are corrections against the trend. While price remains below 1,949.95 the preferred idea will...
by Lara | Jan 11, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement continued as the preferred hourly chart expected. Summary: Divergence (slight) with RSI and VIX indicates this downwards move is over for now. This increases the probability of the leading diagonal scenario. If price breaks above the upper edge of...
