by Lara | Oct 5, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement breached the invalidation point on the hourly chart, which was very close by at 2,154.77. The short term structure is changed. Summary: Sideways movement for another few days may complete a triangle, which should break out downwards for a short sharp...
by Lara | Sep 27, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday’s session. This is what happened. Summary: The next two or three sessions may be very choppy and overlapping. Support from volume suggests overall upwards movement tomorrow. The target for the mid term remains at 2,233....
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 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 | Aug 18, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Thursday’s session. A new high and a small green daily candlestick fits the expectations nicely. On Balance Volume is giving a strong signal today. Summary: The trend remains the same, until proven otherwise. Assume the trend is...
by Lara | Aug 17, 2016 | S&P 500, S&P 500 + DJIA |
Short term downwards movement to a target at 2,162 – 2,159 was expected before more upwards movement. Price moved lower as expected falling 6.5 points short of the target before turning strongly upwards to close above the open and print a green daily...
by Lara | Jul 26, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement remained above the invalidation point on the main hourly Elliott wave count. Summary: A small pennant or Elliott wave triangle may have ended today. This should be followed by a short fifth wave up to 2,205. The trend is up. Last monthly chart for...
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...