by Lara | Oct 16, 2014 | S&P 500, S&P 500 + DJIA
A red candlestick was expected for Wednesday’s session. The targets were too high and the bear target was exceeded by 25.34 points. I am swapping over my bull and bear wave counts today, a week early, for several reasons. This analysis will outline those more...
by Lara | Oct 9, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement below 1,926.03 was unexpected. This changes the wave count substantially. Summary: It is most likely that intermediate wave (1) or cycle wave b (for the bearish wave count) is over. In the short term I expect a five down to 1,918. Click on charts to...
by Lara | Oct 1, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement made a new high. Thereafter, price turned down but remained above the invalidation point on the hourly chart. Summary: I still have some confidence that the correction is over. A new high above 1,986.37 would add further confidence. I expect about two...
by Lara | Sep 23, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Price moved lower exactly as expected for Tuesday’s session. Summary: The fourth wave correction looks like it is more likely a flat and may end tomorrow. The target for downwards movement is at 1,968. Alternatively, the correction could still be a triangle and...
by Lara | Sep 16, 2014 | S&P 500, S&P 500 + DJIA
Both the main and alternate hourly Elliott wave counts in last analysis expected more downwards movement for Monday. We have a new low and a red candlestick. Summary: Tomorrow I expect more downwards movement to a short term target at 1,975. Thereafter, we may see...
by Lara | Aug 27, 2014 | S&P 500, S&P 500 + DJIA
Another small red doji indicates this small fourth wave correction was not over, which was expected to continue at least for the first part of Wednesday’s session. The wave count remains the same. Summary: In the short term I expect a little sideways movement to...
by Lara | Aug 24, 2014 | S&P 500, S&P 500 + DJIA
Price moved lower during Friday’s session to complete a very small red candlestick. This was one of the two fourth wave corrections I was expecting, which turned a few days earlier than expected. Summary: I expect the resumption of the upwards trend on Monday....
by Lara | Aug 13, 2014 | S&P 500, S&P 500 + DJIA |
A slight new high above 1,944.90 invalidated the main hourly Elliott wave count and confirmed the alternate hourly wave count. The alternate Elliott wave count expected not much more upwards movement, only sideways movement, which is what happened. Summary: This B...
by Lara | Aug 12, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected downwards movement for Tuesday’s session which is exactly what happened. Tuesday has closed with a small red candlestick on the daily chart. Summary: I expect downwards movement for another two days. Look for...
