by Lara | Jul 23, 2016 | S&P 500, S&P 500 + DJIA |
Price moved sideways as the main Elliott wave count expected. Summary: One or two sessions of overall downwards movement to end below 2,168.98 and above 2,159.75 is most likely. Note that downwards movement may end a little below 2,159.75, so if this point is...
by Lara | Jul 16, 2016 | S&P 500, S&P 500 + DJIA |
Analysis yesterday again expected more upwards movement. While that is how the session began in the first hour, thereafter price fell to complete a small red daily candlestick. Summary: In the very short term, a small pullback to about 2,147 or 2,133 is expected. If...
by Lara | Jul 12, 2016 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
A new all time high was not expected for the bear Elliott wave count. The only Elliott wave count now viable (that I can find) is bullish. Summary: In the short term, a little more upwards movement to a target at 2,146 may then be followed by a few days of downwards...
by Lara | Jul 9, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement for Friday was not what the Elliott wave count expected. Summary: The bear wave count will still be preferred while price has not made a new all time high. The target for a strong third wave down is at 1,281. The upwards trend is weak in volume,...
by Lara | Jul 7, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the main Elliott wave count, but it was noted that volume strongly suggested some more upwards movement for Thursday’s session. Summary: Downwards movement should continue from here with lower lows and lower highs. A mid term...
by Lara | Jul 6, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Wednesday’s session, but this is not what happened. Price remains below the invalidation point on the hourly Elliott wave chart. Summary: Downwards movement should continue from here with lower lows and lower highs. In the...
by Lara | Jul 5, 2016 | S&P 500, S&P 500 + DJIA |
A little more upwards movement was expected as likely, but a warning was given that price looked weak. Downwards movement was not expected but was allowed for. Summary: Downwards movement should continue from here with lower lows and lower highs. A short term target...
by Lara | Jul 2, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday’s session. Price moved higher to complete a small green daily candlestick. Summary: In the short term, price may move yet a little higher early next week. Upwards movement looks to be very weak though, so it may end...
by Lara | Jun 24, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: In the short term, a bounce may arrive to move price higher Monday / Tuesday which if it is deep may end about 2,082. The mid term target for a third wave at minor degree is 2,000. The long term targets for primary wave 3 are...