by Lara | Feb 24, 2016 | S&P 500, S&P 500 + DJIA |
Again, downwards movement was expected. Price moved lower to make a lower low and a lower high. This fits the wave count. Summary: Upwards movement is still most likely over. A break now below the lower cyan trend line and below 1,891 would add substantial confidence....
by Lara | Dec 19, 2015 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
This is the last analysis for 2015. The next analysis will be done after market close for Monday, 4th January, 2016. This analysis will cover the bigger picture at the monthly chart level and will provide as many alternate ideas as I can see (within reason) at the...
by Lara | Dec 8, 2015 | S&P 500, S&P 500 + DJIA |
The preferred hourly bear Elliott wave count led the way today. The Elliott Wave counts are the same. Summary: The preferred hourly bear wave count expects upwards movement to 2,103.81 tomorrow. It may take two days to get there. If we see a new low below 2,042.35...
by Lara | Nov 5, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: Upwards movement is still very likely to be over. A new low below 2,058.84 would provide more confidence that the trend has changed. If a new high is seen, then the possible target for upwards movement to end remains at 2,121....
by Lara | Oct 27, 2015 | S&P 500, S&P 500 + DJIA
The fourth wave correction continued a little lower to complete a small red doji with a long lower shadow. Summary: A short brief fifth wave upwards to the target at 2,082 – 2,089 would complete this entire structure for a bear market rally. If the target is met...
by Lara | Oct 13, 2015 | S&P 500, S&P 500 + DJIA |
Downwards / sideways movement was expected for Tuesday’s session to complete a red candlestick or doji. A red candlestick for Tuesday completed which fits the Elliott wave counts perfectly. Summary: The correction is incomplete. Downwards / sideways movement...
by Lara | Oct 8, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected although the target at 2,013 was inadequate. Summary: Upwards movement may be over for the short term. A downwards correction may begin tomorrow and would be confirmed with a breach of the trend channel on the hourly chart. The...
by Lara | Oct 3, 2015 | S&P 500, S&P 500 + DJIA |
More upwards movement to 1,963 was expected for Friday. It was stated in yesterday’s Elliott wave analysis that if the target was wrong, it may be too high. Price did move higher to reach 1,951.21. Summary: I expect more upwards movement for the next trading...
by Lara | Sep 23, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Wednesday. A red candlestick with a small real body moved price sideways. Summary: I expect downwards movement again tomorrow. Corrections along the way down may find resistance first at the aqua blue trend line, or at the small...
