by Lara | Nov 17, 2014 | S&P 500, S&P 500 + DJIA
Sideways movement in a very small range for Monday leaves both the main and alternate Elliott wave counts exactly the same. Summary: A new high above 2,046.18 would confirm upwards movement should continue, and the first target is 2,049. If price keeps rising above...
by Lara | Nov 14, 2014 | S&P 500, S&P 500 + DJIA
A small green doji candlestick for Thursday’s session invalidated the main hourly Elliott wave count, but was allowed for in the alternate. Summary: A new high indicates that upwards movement is not over. A new high above 2,046.18 would confirm upwards movement...
by Lara | Nov 12, 2014 | S&P 500, S&P 500 + DJIA |
Another green candlestick was expected for Wednesday up to the target at 2,049. This is not what happened. Summary: Again, upwards movement could be over with a complete structure. I expect downwards movement from here for at least one week. The depth and structure...
by Lara | Nov 4, 2014 | S&P 500, S&P 500 + DJIA
The alternate bear Elliott wave count has been confirmed. I am changing the bull Elliott wave count to see the subdivisions in the same way. Summary: The target for this upwards movement to end is at 2,044. Click on charts to enlarge. Bearish Wave Count The weekly...
by Lara | Nov 1, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. I can now calculate a target for the alternate bear wave count. Summary: Any movement above 2,019.26 would invalidate the main bear wave count and confirm the alternate. At that stage the target of upwards movement would be 2,044. The...
by Lara | Oct 25, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continued. There was no breach of the small channel on the hourly chart, and so no confirmation of a trend change. Summary: It is likely that upwards movement will continue a little further to 1,968 or 2,003. Click on charts to enlarge. Bearish Wave...
by Lara | Oct 23, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected into a target zone of 1,952 – 1,982. Summary: It is likely that the upwards correction is complete and the next wave down has begun. This is either a third wave or a C wave. Initially a clear breach of the small channel on the...
by Lara | Oct 22, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. This has been followed by a little downwards movement which still fits within this Elliott wave count perfectly. Summary: At least one more short upwards wave is required to complete the structure. The target is 1,971. Click on charts to...
by Lara | Oct 17, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected for Thursday’s session to a target at 1,879.17. Price did move higher, reaching up to 1,876.01. I am changing my bullish Elliott wave count today. Summary: I expect tomorrow to begin with a little more upwards movement to 1,880....
