by Lara | Jun 4, 2015 | S&P 500, S&P 500 + DJIA |
A little downwards and sideways movement was expected, but price moved lower than expected breaching the invalidation point at the hourly chart level. Summary: The triangle is invalidated. The bull wave count requires upwards movement tomorrow. The target for a final...
by Lara | May 28, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: The next move for the S&P may be a strong third wave down to a short term target about 2,069. Changes to last analysis are italicised. To see a weekly chart and how to draw trend lines go here. Bull Wave Count Click chart...
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 | May 20, 2015 | S&P 500, S&P 500 + DJIA
Again upwards movement may be over, but confirmation is required. Summary: Again the structure of this contracting diagonal is complete. A breach of the channel on the hourly chart is absolutely required for confidence in a trend change at least at minute degree....
by Lara | May 14, 2015 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected it was more likely for a third wave up to begin on Thursday which is exactly what happened. Summary: Overall upwards movement should continue until the upper pink i-iii trend line of the diagonal is overshot. The target...
by Lara | Apr 14, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Tuesday. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be downwards. I expect downwards movement to 1,995 has begun this week, but the upwards sloping violet channel...
by Lara | Apr 11, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued, but remains below the invalidation point. Last Elliott wave analysis expected downwards movement to begin. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be downwards. I expect...
by Lara | Apr 8, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected. Price did make new lows beyond the prior day, but ended with upwards movement to complete a green candlestick. Upwards movement remains below the invalidation point, which is close by. Summary: I still expect a continuation of...
by Lara | Apr 6, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement confirmed the alternate hourly Elliott wave count which was judged to have about an even probability with the main Elliott wave count. Summary: In the short term a second wave correction may end about 2,092 tomorrow. Thereafter, downwards movement...
