by Lara | May 20, 2015 | S&P 500, S&P 500 + DJIA
Again upwards movement may be over, but confirmation is required. Summary: Again the structure of this contracting diagonal is complete. A breach of the channel on the hourly chart is absolutely required for confidence in a trend change at least at minute degree....
by Lara | May 14, 2015 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected it was more likely for a third wave up to begin on Thursday which is exactly what happened. Summary: Overall upwards movement should continue until the upper pink i-iii trend line of the diagonal is overshot. The target...
by Lara | May 12, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement has deepened the correction, which remains above the trend line and invalidation point. Summary: It is fairly likely that minuette wave (b) is over and minuette wave (c) up has begun. The short term target is at 2,135 for upwards movement to end....
by Lara | May 6, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement continued, as expected, reaching 3.07 points below the target which was at 2,071. Summary: The wave count now expects upwards movement to be extremely likely to move above 2,125.92 to avoid a truncation. Upwards movement is highly likely to only end...
by Lara | Apr 30, 2015 | S&P 500, S&P 500 + DJIA |
A new low below 2,086.38 indicated further downwards movement to end before 2,013.27, most likely to end at the lower aqua blue trend line. Summary: I have just the one bull and the one bear wave count today. They both expect the same direction next and they...
by Lara | Apr 24, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to continue. Price made a slight new high and Friday completed a small green candlestick. Summary: The target for the main wave count is now at 2,187. The target for the more bullish alternate is first at 2,571. Click charts to enlarge....
by Lara | Apr 20, 2015 | S&P 500, S&P 500 + DJIA |
The hourly chart expected some upwards movement for another second wave correction in the short term. This unfolded on Monday. Summary: The mid term target remains at 2,000 and may be met in another five or ten sessions if minuette wave (iii) totals a Fibonacci eight...
by Lara | Apr 11, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued, but remains below the invalidation point. Last Elliott wave analysis expected downwards movement to begin. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be downwards. I expect...
by Lara | Apr 6, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement confirmed the alternate hourly Elliott wave count which was judged to have about an even probability with the main Elliott wave count. Summary: In the short term a second wave correction may end about 2,092 tomorrow. Thereafter, downwards movement...