by Lara | Sep 24, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected again for Thursday. Price made new lows and completed a red candlestick. On the hourly chart, upwards movement at the end of the session found resistance about the upper edge of the channel. Summary: The wave count is changed slightly....
by Lara | Sep 12, 2015 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Sideways movement continued as expected for the first preferred Elliott wave count. Summary: So far it looks like the correction may now be a complete fourth wave triangle. If the triangle fails, then I have a second hourly chart which expects sideways movement for...
by Lara | Sep 10, 2015 | S&P 500, S&P 500 + DJIA |
Again, sideways movement was expected to continue. This is exactly what happened for Thursday. Summary: The short term picture is exactly the same as yesterday. The consolidation is most likely a fourth wave, but may also be a second wave correction. The pathway on...
by Lara | Sep 8, 2015 | S&P 500, S&P 500 + DJIA |
The alternate Elliott wave analysis expected sideways movement and is correct. Summary: In the short term, the situation is unclear. A fourth wave is most likely unfolding; there is still more than one possible structure that it may be. Sideways / upwards movement is...
by Lara | Sep 3, 2015 | S&P 500, S&P 500 + DJIA |
Today’s green doji with a long upper shadow is bearish. I have two ideas at the hourly chart level today. Summary: I have a new alternate idea for you today. I expect either a very strong third wave down, which would be confirmed now with a new low reasonably...
by Lara | Sep 2, 2015 | S&P 500, S&P 500 + DJIA |
Today’s green candlestick gives the main Elliott wave count the “right look”. Summary: This may seem counterintuitive to new members, but today’s green candlestick fits the main hourly wave count very well. The S&P normally shows the...
by Lara | Aug 31, 2015 | S&P 500, S&P 500 + DJIA |
The question I am focused on today is this: Is the Dead Cat Bounce over yet? Summary: A tiny red candlestick on the daily chart subdivides as overlapping three wave moves on the hourly and five minute charts. Monday’s downwards movement does not look like the...
by Lara | Aug 27, 2015 | S&P 500, S&P 500 + DJIA |
The Dead Cat Bounce continues and remains below the invalidation point. I have two hourly charts for you today. Summary: A Dead Cat Bounce is most likely still unfolding and may end tomorrow. If the Dead Cat Bounce is a fourth wave, then it may end about 1,996, but if...
by Lara | Aug 25, 2015 | S&P 500, S&P 500 + DJIA
More downwards movement was expected. Price did not make a new low although Tuesday’s candlestick is red. Summary: Sideways movement on lower volume indicates a correction has arrived that is most likely minute wave iv, the Dead Cat Bounce we were waiting for....
