by Lara | Sep 26, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Monday’s session to about 2,155. Monday did move price lower, but it was more than expected closing at 2,146. Summary: One to three days of choppy overlapping upwards movement is expected to end about 2,166. Thereafter, one to...
by Lara | Sep 24, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Friday’s session and is exactly what happened. Summary: One more day of downwards movement to about 2,155 may be expected. Thereafter, price should move higher. It is possible that in the next one to few weeks this market may...
by Lara | Sep 21, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement was expected but did no happen. The session ended with some reasonable upwards movement. Summary: Volume suggests more upwards movement tomorrow. A new high above 2,171.25 would invalidate the alternate and provide some confirmation of the main wave...
by Lara | Sep 20, 2016 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis expected more sideways movement for Tuesday’s session. This is exactly what has happened. Summary: Sideways movement is most likely at this stage for a few days, a small pennant is forming. The breakout should be down. A new low below...
by Lara | Sep 19, 2016 | S&P 500, S&P 500 + DJIA |
Price has moved sideways. This fits the alternate Elliott wave count better than the main Elliott wave count at this stage. Summary: Sideways movement is most likely at this stage for a few days, a small pennant is forming. The breakout should be down. A new low below...
by Lara | Sep 14, 2016 | S&P 500, S&P 500 + DJIA |
Price is still within the confirmation / invalidation points and so both Elliott wave counts still remain valid. Summary: Classic technical analysis today favours the alternate Elliott wave count. A new low below 2,111.05 would confirm the alternate. Price should then...
by Lara | Sep 12, 2016 | S&P 500, S&P 500 + DJIA |
The short term expectation for Monday was for a little downwards movement to a target at 2,122 before a turn and upwards movement. The low for Monday was 2,119.12, 2.88 points below the target. Summary: Friday’s 90% down day is likely to be followed by at least...
by Lara | Sep 8, 2016 | S&P 500, S&P 500 + DJIA |
More sideways movement for Thursday’s session fits the main hourly Elliott wave count. Summary: One more day of overall downwards movement to 2,168 but not below 2,157.09 is now expected to complete this consolidation, which began back on 14th of July....
by Lara | Sep 6, 2016 | S&P 500, S&P 500 + DJIA |
Last analysis expected a little downwards movement for Tuesday’s session. Price moved higher in a small range. Summary: While price remains below 2,193.42, it is still likely that a final small wave down will end the consolidation. A new high above 2,193.42...
