by Lara | Mar 8, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected. The hourly Elliott wave count was invalidated. Summary: I have a new alternate wave count for you. The main wave count expects another twelve days of upwards movement to a target at 2,153. First confirmation would come with a new...
by Lara | Mar 4, 2015 | S&P 500, S&P 500 + DJIA
Again, upwards movement was expected, but downwards movement breached the invalidation point (which was very close by) on the hourly Elliott wave count. Summary: This downwards movement looks like minute wave b within minor wave 5. This changes the target calculation....
by Lara | Mar 3, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price moved lower to invalidate the main hourly Elliott wave count. Summary: The target remains the same at 2,133, but it may not be met in just two more sessions and looks like it will need a little longer to get there. I am still...
by Lara | Feb 24, 2015 | S&P 500, S&P 500 + DJIA |
Price moved higher again as expected. Summary: I expect more upwards movement to a target at 2,133. This may be reached this week. Click charts to enlarge. Bullish Wave Count Upwards movement from the low at 666.79 subdivides as an incomplete 5-3-5. For the bull wave...
by Lara | Feb 18, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price moved sideways in a small range. Summary: I expect more upwards movement to 2,133. This may end in three days. Click charts to enlarge. Bullish Wave Count Upwards movement from the low at 666.79 subdivides as an incomplete 5-3-5....
by Lara | Feb 10, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday for both Elliott wave counts. Summary: The upwards trend should continue tomorrow. The short term target is either 2,098 (main wave count) or 2,133 (alternate wave count). Click charts to enlarge. Main Bull Wave Count I will...
by Lara | Feb 4, 2015 | S&P 500, S&P 500 + DJIA
A small correction was expected for the short term. This is exactly what happened. Summary: The trend is upwards and the breakout from this consolidation phase should come within the next one to three days. A third or C wave up may begin tomorrow. Alternatively, a...
by Lara | Feb 2, 2015 | S&P 500, S&P 500 + DJIA |
S&P started the day by moving towards the downside, increasing the confidence in the main count, but price reversed direction ending the day near its highs. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed...
by Lara | Jan 29, 2015 | S&P 500, S&P 500 + DJIA |
Price has still not confirmed either Elliott wave count, and they both remain valid. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed with a new low below 1,988.12. The alternate must see upwards movement from here,...
