by Lara | Oct 6, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement to 2,010 was expected by the first Elliott wave count to end a third wave. Price moved only very slightly higher, failing by a wide margin to reach the target, and ended lower for the day in a fourth wave correction for the main Elliott wave count....
by Lara | Sep 17, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued. Yesterday’s second wave count expected a little upwards movement, but the target at 2,003 was inadequate. Summary: The Dead Cat Bounce is either a fourth wave correction (from yesterday’s wave count) or a second wave correction...
by Lara | Aug 28, 2015 | S&P 500, S&P 500 + DJIA |
The Dead Cat Bounce continues. Summary: A Dead Cat Bounce is most likely still unfolding and may now end on Monday (Tuesday at the latest). The bounce looks more likely to be another deep second wave correction, so the next wave down may be more explosive than the...
by Lara | Aug 18, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the first Elliott wave count. Summary: The first wave count should see strong downwards movement this week towards the target at 2,002. The second wave count expects upwards movement to continue, but this is not currently supported...
by Lara | May 13, 2015 | S&P 500, S&P 500 + DJIA
Sideways movement fits both hourly Elliott wave counts. Summary: It is now more likely that minuette wave (b) was over two days ago and minuette wave (c) upwards has begun to 2,135. It is still possible but now less likely that minuette wave (b) will continue lower to...
by Lara | Feb 19, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but price again moved sideways in a small range. Summary: I expect more upwards movement to 2,133. This may end in two days. Click charts to enlarge. Bullish Wave Count Upwards movement from the low at 666.79 subdivides as an incomplete...
by Lara | Dec 6, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected. Summary: A small ending contracting diagonal may be unfolding for the final fifth wave up. The target for it to end, probably on Monday, is at 1,281. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave...
by Lara | Oct 18, 2014 | S&P 500, S&P 500 + DJIA
A little upwards movement to 1,880 was expected. Price moved a lot higher than this though, exceeding the target by 18.16 points. Summary: I expect downwards movement and a red candlestick for Monday’s session to a target at 1,805. If upwards movement breaches...
by Lara | Oct 3, 2014 | S&P 500, S&P 500 + DJIA
The upper aqua blue trend line has been breached for the first time since June 2013. I have two Elliott wave counts for you today for each of the bullish and bearish scenarios. Summary: The short term outlook looks a little clearer today. Downwards movement should...
