by Lara | Dec 18, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected a little more downwards movement to 1,958 before a trend change. This is not what happened. Price has moved higher. Summary: The wave counts now diverge. A new high above 2,034.17 would confirm the bull market is...
by Lara | Dec 13, 2014 | S&P 500, S&P 500 + DJIA |
My main Elliott wave count had expected upwards movement. This is not what happened. The main hourly wave count was invalidated with downwards movement, which is what the alternate expected. Summary: In the short term I expect downwards movement to show a further...
by Lara | Dec 11, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for Wednesday’s session. Summary: We should always assume the trend remains the same, until proven otherwise. The trend is your friend. At this stage I will assume that a small second wave correction is unfolding, and the target...
by Lara | Dec 2, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. The Elliott wave count remains the same. Summary: One final small fifth wave is now all that is required to complete this structure at primary (bull count) or cycle degree (bear count). The target is now at 2,087 – 2,089. Click on...
by Lara | Dec 1, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement has remained above the invalidation point and within the channel on the hourly chart. The Elliott wave count remains the same, but the target has been recalculated. Summary: One final small fifth wave is now all that is required to complete this...
by Lara | Nov 28, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected to a short term target at 2,077. Price did begin Friday’s session with upwards movement to a new high, but fell 1.24 points short of the target. Thereafter, it turned lower for a small fourth wave correction which was expected....
by Lara | Nov 22, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement and a slight increase in upwards momentum was expected. Summary: The structure is still incomplete. I expect price to keep rising. The next likely target is at 2,079. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear...
by Lara | Nov 20, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick fits the Elliott wave count. Summary: The structure is still incomplete. I expect price to keep rising. The next likely target is at 2,079. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both...
by Lara | Nov 20, 2014 | S&P 500, S&P 500 + DJIA
The Elliott wave count is adjusted at the hourly and five minute chart level. The target remains the same. Summary: The structure is still incomplete. I expect price to keep rising. The next likely target is at 2,079. Click on charts to enlarge. Bull Wave Count I will...
