by Lara | Oct 21, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: Both wave counts now expect downwards movement to continue for at least a few days. The target for the bear wave count is 1,778. The bull wave count may see a zigzag down for a C wave of a triangle which must end above...
by Lara | Oct 1, 2015 | S&P 500, S&P 500 + DJIA |
A little upwards movement to 1,930 – 1,932 was expected. Price moved a little higher, reaching to 1,927.21 during the session. Summary: I expect more upwards movement tomorrow. The target for this correction to end is at 1,963, but that may be too high. When the...
by Lara | Sep 22, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely, which is what happened. Summary: I expect downwards movement tomorrow. Corrections along the way down may find resistance first at the aqua blue trend line, or at the small downwards sloping acceleration channel on the...
by Lara | Sep 9, 2015 | S&P 500, S&P 500 + DJIA
Sideways movement was expected as most likely, which is what price has been doing for eight days now. Summary: In the short term, a consolidation is expected to continue with the breakout to be down when it is complete. The consolidation is most likely a fourth wave,...
by Lara | Sep 1, 2015 | S&P 500, S&P 500 + DJIA |
A new low below 1,954.09 provided price confirmation that the upwards wave was over and completed as a “three”. Both hourly wave counts remain valid. Their targets are different, but they expect the same direction next. Summary: A strong downwards day with...
by Lara | Aug 26, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement, with short term upwards movement to 1,954, was expected. Summary: A Dead Cat Bounce is most likely unfolding, which should continue for another one to few days and remain below 2,052.09. The downwards trend should resume when the bounce is done. To...
by Lara | Aug 20, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s first Elliott wave count, which was favoured, expected “explosive movement towards the downside” for Thursday. This is what happened. Summary: The second Elliott wave count is now invalid and must be discarded. The first Elliott wave...
by Lara | Aug 3, 2015 | S&P 500, S&P 500 + DJIA |
Both Elliott wave counts and regular technical analysis expected this week to begin with downwards movement, which is exactly what happened. Summary:For the short term, a little upwards movement at least to about 2,119 may begin tomorrow. This may end during...
by Lara | Jul 28, 2015 | S&P 500, S&P 500 + DJIA |
Some upwards movement was expected to unfold this week, which began on Tuesday. Summary: This upwards movement could certainly continue, but it may also be over here. A new low below 2,076.11 would be earliest confirmation that it is over, and downwards momentum may...
