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...
by Lara | Jun 23, 2015 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected overall more upwards movement with corrections to find support at the lower edge of the channel on the hourly chart. A small green candlestick for Wednesday fits the main Elliott wave count, and the lower edge of the channel is...
by Lara | Mar 31, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the main Elliott wave count for Tuesday. This is what happened. Summary: The main wave count requires downwards movement which must subdivide as an impulse and should show an increase in downwards momentum. The target for the next...
by Lara | Mar 5, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, and a small green candlestick is completing for Thursday’s session. Price is finding support at the lower edge of the channel on the hourly chart. Summary: I expect another thirteen days in total (give or take one or two either...
by Lara | Feb 23, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected, but so far a small second wave correction is moving price slowly lower. The target remains the same. Summary: I expect more upwards movement to a target at 2,133. This may be reached this week. Click charts to enlarge. Bullish Wave Count...
