by Lara | Sep 12, 2015 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Sideways movement continued as expected for the first preferred Elliott wave count. Summary: So far it looks like the correction may now be a complete fourth wave triangle. If the triangle fails, then I have a second hourly chart which expects sideways movement for...
by Lara | Sep 8, 2015 | S&P 500, S&P 500 + DJIA |
The alternate Elliott wave analysis expected sideways movement and is correct. Summary: In the short term, the situation is unclear. A fourth wave is most likely unfolding; there is still more than one possible structure that it may be. Sideways / upwards movement is...
by Lara | Sep 2, 2015 | S&P 500, S&P 500 + DJIA |
Today’s green candlestick gives the main Elliott wave count the “right look”. Summary: This may seem counterintuitive to new members, but today’s green candlestick fits the main hourly wave count very well. The S&P normally shows the...
by Lara | Aug 31, 2015 | S&P 500, S&P 500 + DJIA |
The question I am focused on today is this: Is the Dead Cat Bounce over yet? Summary: A tiny red candlestick on the daily chart subdivides as overlapping three wave moves on the hourly and five minute charts. Monday’s downwards movement does not look like the...
by Lara | Aug 25, 2015 | S&P 500, S&P 500 + DJIA
More downwards movement was expected. Price did not make a new low although Tuesday’s candlestick is red. Summary: Sideways movement on lower volume indicates a correction has arrived that is most likely minute wave iv, the Dead Cat Bounce we were waiting for....
by Lara | Aug 19, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected again for the first Elliott wave count. Summary: The first wave count expects an explosive movement towards the downside, with a target at 2,002. The second wave count now expects some sideways movement before the upwards trend resumes....
by Lara | Aug 13, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis stated that for the first Elliott wave count there was a “very real possibility that a second wave correction may yet move higher”, and the second wave count expected upwards movement. Summary: The first wave count is looking...
by Lara | Aug 8, 2015 | S&P 500, S&P 500 + DJIA |
A short term target for downwards movement for Friday was 2,070 – 2,069. Price moved lower to reach 2,067.91 before turning up as expected. Summary: Both wave counts expect upwards movement next week. If price breaks above 2,132.82, then the first wave count...
by Lara | Aug 1, 2015 | S&P 500, S&P 500 + DJIA
A little upwards movement was expected to begin the session to a target at either 2,115 or 2,117 – 2,121. This is how the session began, with price falling 0.76 short of the first target. Thereafter, price turned down to complete a red candlestick, which is what...
