by Lara | Oct 3, 2015 | S&P 500, S&P 500 + DJIA |
More upwards movement to 1,963 was expected for Friday. It was stated in yesterday’s Elliott wave analysis that if the target was wrong, it may be too high. Price did move higher to reach 1,951.21. Summary: I expect more upwards movement for the next trading...
by Lara | Sep 29, 2015 | S&P 500, S&P 500 + DJIA |
New lows were expected, but a green candlestick was not. Summary: Downwards movement should continue to new lows this week. If this downwards wave shows a clear strong increase in momentum beyond the last big wave down, then it would be a third wave. If it does not...
by Lara | Sep 24, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected again for Thursday. Price made new lows and completed a red candlestick. On the hourly chart, upwards movement at the end of the session found resistance about the upper edge of the channel. Summary: The wave count is changed slightly....
by Lara | Sep 23, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Wednesday. A red candlestick with a small real body moved price sideways. Summary: I expect downwards movement again tomorrow. Corrections along the way down may find resistance first at the aqua blue trend line, or at the small...
by Lara | Sep 12, 2015 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Sideways movement continued as expected for the first preferred Elliott wave count. Summary: So far it looks like the correction may now be a complete fourth wave triangle. If the triangle fails, then I have a second hourly chart which expects sideways movement for...
by Lara | Sep 10, 2015 | S&P 500, S&P 500 + DJIA |
Again, sideways movement was expected to continue. This is exactly what happened for Thursday. Summary: The short term picture is exactly the same as yesterday. The consolidation is most likely a fourth wave, but may also be a second wave correction. The pathway on...
by Lara | Sep 8, 2015 | S&P 500, S&P 500 + DJIA |
The alternate Elliott wave analysis expected sideways movement and is correct. Summary: In the short term, the situation is unclear. A fourth wave is most likely unfolding; there is still more than one possible structure that it may be. Sideways / upwards movement is...
by Lara | Sep 3, 2015 | S&P 500, S&P 500 + DJIA |
Today’s green doji with a long upper shadow is bearish. I have two ideas at the hourly chart level today. Summary: I have a new alternate idea for you today. I expect either a very strong third wave down, which would be confirmed now with a new low reasonably...
by Lara | Sep 2, 2015 | S&P 500, S&P 500 + DJIA |
Today’s green candlestick gives the main Elliott wave count the “right look”. Summary: This may seem counterintuitive to new members, but today’s green candlestick fits the main hourly wave count very well. The S&P normally shows the...
