by Lara | Oct 27, 2014 | S&P 500, S&P 500 + DJIA
A little more upwards movement was expected, but price is moving sideways. Summary: A fourth or B wave triangle is almost complete. One final upwards wave should follow to either 1,975 or 2,012. The lower target looks more likely as the upper aqua blue line looks like...
by Lara | Oct 10, 2014 | S&P 500, S&P 500 + DJIA
I had expected only a little downwards movement to 1,918. Price has moved comfortably below that target. Summary: If the bull wave count is correct then intermediate wave (2) must be nearing completion. The target is 1,884. If the bear wave count is correct then a...
by Lara | Sep 26, 2014 | S&P 500, S&P 500 + DJIA
Movement below 1,978.63 invalidated the main hourly wave count and confirmed the first alternate. The target then was at 1,968. Price reached down to 1,966.56. Summary: The structure is incomplete. I expect more downwards movement to a target at 1,953. Price should...
by Lara | Sep 18, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement invalidated the hourly wave count. Summary: I expect a slight new high to 2,013 to begin tomorrow’s session. Thereafter, tomorrow should see more downwards movement and a red candlestick. This may be either wave C of a flat correction or wave C...
by Lara | Jul 17, 2014 | S&P 500, S&P 500 + DJIA
The main hourly Elliott wave count was invalidated by upwards movement. I still expect this correction is unfolding and is incomplete. Summary: The main wave count expects a little more sideways movement before a final wave down to complete this correction. The...
by Lara | Jun 21, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected from yesterday’s technical analysis. The Elliott wave structure is now complete and looks typical. Summary: With Friday’s volume spike providing the final requirement for this structure it may be that upwards movement ended on...
by Lara | Jun 7, 2014 | S&P 500, S&P 500 + DJIA |
Price moved a little higher, as I had accepted was possible. The trend line overshoot for the diagonal is looking very typical still. I expect the S&P 500 should move lower from here. The trend change is at least intermediate degree, and may be at primary degree....
by Lara | May 22, 2014 | S&P 500, S&P 500 + DJIA
Some upwards movement was expected, but the target at 1,891 was well passed. The wave count remains valid. Summary: I expect downwards movement from here. It should increase in momentum next week. This analysis is published about 06:05 p.m. EST. Click on charts to...
by Lara | Apr 28, 2014 | S&P 500, S&P 500 + DJIA
A new low for Monday was expected. Overall the wave count looks correct. Summary: A third wave downwards has most likely begun. It is either a third wave within an impulse, or a third wave of an ending expanding diagonal. The target for this third wave is at 1,788. If...
