by Lara | Jan 3, 2015 | S&P 500, S&P 500 + DJIA
Price moved lower as expected to end at 2,047.01, right in the target zone at 2,049 – 2,047. Summary: The upwards trend should resume. This would be confirmed with a clear breach of the channel on the hourly chart. The short term target is at 2,121. Click on...
by Lara | Dec 9, 2014 | S&P 500, S&P 500 + DJIA |
The S&P 500 has had a trend change at either minute, primary or cycle degree. Summary: We should always assume the trend remains the same, until proven otherwise. The trend is your friend. At this stage I will assume that a small second wave correction is...
by Lara | Oct 28, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected more upwards movement which is what has happened. Summary: The structure is incomplete. The target is at either 1,999 or 2,012. Upwards movement should continue tomorrow. Click on charts to enlarge. Bearish Wave Count...
by Lara | Oct 21, 2014 | S&P 500, S&P 500 + DJIA
I had expected a red candlestick for Tuesday’s session which is not what happened. I have a new wave count for you today. Summary: The situation is unclear. I still favour a bearish wave count, but it is possible we may see a new high before the market turns. In...
by Lara | Oct 15, 2014 | S&P 500, S&P 500 + DJIA
A green candlestick was expected for Tuesday’s session which is exactly what happened. We have a green doji candlestick. Summary: I expect downwards movement tomorrow. The target for the bull wave count is at 1,866. The target for the bear wave count is at...
by Lara | Sep 29, 2014 | S&P 500, S&P 500 + DJIA |
A slight new low fitted the alternate hourly Elliot wave count and invalidated the main hourly Elliott wave count. Summary: I have more confidence today that the correction is over. I expect about two to four weeks of upwards movement to a target at 2,042. Click on...
by Lara | Sep 23, 2014 | S&P 500, S&P 500 + DJIA
Price moved lower exactly as expected for Monday’s session. Summary: The fourth wave correction looks like it is more likely a flat and it may end sooner than I had expected. The target for downwards movement is at 1,968, and this may be met within a very few...
by Lara | Sep 3, 2014 | S&P 500, S&P 500 + DJIA |
A new high above 2,006.12 confirmed the main wave count and invalidated the alternate. The target zone remains the same and may be met in another three days time. Summary: If the target at 2,025 – 2,031 is met in three days time then this fifth wave will exhibit...
by Lara | Aug 20, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s hourly Elliott wave analysis expected a little more upwards movement in the short term to 1,981. Price did move higher to reach just above the target to 1.982.57. The wave counts remain the same. Summary: It is most likely that tomorrow we shall see...
