by Lara | Nov 27, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Another green candlestick and mostly sideways movement fits the Elliott wave count. The structure is managing to complete below the target, and may manage to end by the target. Summary: I expect upwards movement for tomorrow’s session to a short term target at...
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 20, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick fits the Elliott wave count. 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 wave count. Both...
by Lara | Nov 20, 2014 | S&P 500, S&P 500 + DJIA
The Elliott wave count is adjusted at the hourly and five minute chart level. The target remains the same. 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...
by Lara | Nov 19, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement has confirmed the main hourly Elliott wave count and invalidated the alternate. The second target was reached and passed by 1.08 point. Summary: The structure is again incomplete. I expect price to keep rising. The next likely target is at 2,079....
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 | Nov 12, 2014 | S&P 500, S&P 500 + DJIA |
Another green candlestick was expected for Wednesday up to the target at 2,049. This is not what happened. Summary: Again, upwards movement could be over with a complete structure. I expect downwards movement from here for at least one week. The depth and structure...
by Lara | Nov 11, 2014 | S&P 500, S&P 500 + DJIA
A green candlestick was expected for Tuesday, which is what happened. Summary: The target for upwards movement to end is 2,049. This may be met in one to two days. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both are...
by Lara | Oct 25, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continued. There was no breach of the small channel on the hourly chart, and so no confirmation of a trend change. Summary: It is likely that upwards movement will continue a little further to 1,968 or 2,003. Click on charts to enlarge. Bearish Wave...
