by Lara | Jan 6, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected, but with no confirmation that the upwards trend had resumed it was allowed for. Summary: A clear breach of the channel on the hourly chart is still required to confirm that the upwards trend has resumed. When we have this...
by Lara | Dec 13, 2014 | S&P 500, S&P 500 + DJIA |
My main Elliott wave count had expected upwards movement. This is not what happened. The main hourly wave count was invalidated with downwards movement, which is what the alternate expected. Summary: In the short term I expect downwards movement to show a further...
by Lara | Nov 22, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement and a slight increase in upwards momentum was expected. Summary: The structure is still incomplete. I expect price to keep rising. The next likely target is at 2,079. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear...
by Lara | Nov 14, 2014 | S&P 500, S&P 500 + DJIA
A small green doji candlestick for Thursday’s session invalidated the main hourly Elliott wave count, but was allowed for in the alternate. Summary: A new high indicates that upwards movement is not over. A new high above 2,046.18 would confirm upwards movement...
by Lara | Oct 18, 2014 | DJIA, DJIA Historical, S&P 500 + DJIA |
Click on charts to enlarge. Bullish Wave Count Bearish Wave Count
by Lara | Oct 13, 2014 | DJIA, S&P 500 + DJIA
Click on charts to enlarge. Bullish Wave Count Bearish Wave Count
by Lara | Oct 7, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Although some downwards movement was expected for Tuesday’s session, the target at 1,950 was comfortably passed. Summary: The correction is not yet over and price should continue a little lower tomorrow. If it breaks below 1,926.03 the wave count changes...
by Lara | Oct 3, 2014 | DJIA, S&P 500 + DJIA |
Click on charts to enlarge. Bullish Wave Count Bearish Wave Count
by Lara | Oct 1, 2014 | Russell 2000, Russell 2000 Historical
Click on charts to enlarge. Data available extends back only to the end of 1987. Data begins with the 1987 “crash” which I am labeling a cycle degree second wave correction. A five wave impulse for a super cycle wave (I) ended in March, 2000. Ratios of...