by Lara | Jul 18, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA |
The correction may now be complete. The target for the next wave up remains the same. Summary: I expect upwards movement from here towards 2,010. This may be met in another 23 trading days. Click on charts to enlarge. The aqua blue trend lines are critical. Draw the...
by Lara | Jun 30, 2014 | S&P 500, S&P 500 + DJIA |
Last Elliott wave count expected downwards movement. We do have a tiny red doji candlestick, but price remains above the confidence point. Summary: The downwards structure is giving cause for concern. I want to see price break below 1,925.78 to have any confidence in...
by Lara | Jun 28, 2014 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis expected downwards movement. This is not what happened. Price moved higher but remains below the invalidation point. Summary: The downwards structure is giving cause for concern. I want to see price break below 1,925.78 to have any...
by Lara | Jun 23, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for Monday’s session. Price has moved sideways and slightly lower to complete a very small red doji candlestick. The Elliott wave structures still have a very typical look and the wave count remains the same. Summary: A new low...
by Lara | Jun 16, 2014 | S&P 500, S&P 500 + DJIA
Last Elliott wave analysis had expected downwards movement for Monday’s session. This is not what happened and price moved higher. Upwards movement fell short of the invalidation point and so the wave count remains valid. Summary: In the short term I expect more...
by Lara | Jun 14, 2014 | S&P 500, S&P 500 + DJIA
I had expected Friday to begin with a little upwards movement before the downwards trend resumed to the target at 1,920. Friday did begin with upwards movement, which lasted all session. Summary: In the short term I expect more downwards movement towards a target at...
by Lara | May 31, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was again expected. Momentum is slowing which was also expected. Summary: Upwards movement is incomplete. The target is at 1,939 to 1,940 and this may be met in one or possibly two more days. Upwards movement is most likely to end when the upper i-iii...
by Lara | May 19, 2014 | S&P 500, S&P 500 + DJIA |
The small channel on the hourly chart was not breached and the second wave correction moved higher. I will continue to use the channel on the hourly chart for indication of when this correction is over. Summary: The target for the next wave down is 1,822. This target...
by Lara | May 17, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement for Friday was not expected. I had expected Friday to see more downwards movement. A second wave correction had already arrived. Summary: In the short term a second wave correction may be over. When the small channel on the hourly chart containing it...
