by Lara | Oct 24, 2015 | S&P 500, S&P 500 + DJIA |
The target for upwards movement was 2,065 or 2,080. Price moved higher as expected for Friday to reach 2,079.74. Summary: A little more upwards movement to 2,082 would complete the structure. A fourth wave correction may unfold sideways first, and so the target may be...
by Lara | Oct 19, 2015 | S&P 500, S&P 500 + DJIA |
The target for upwards movement to end was at 2,037. Price has moved slightly higher to reach 2,031.60, falling short of the target so far. Summary: The zigzag upwards may now be complete, or we may yet see a little more upwards movement before it is done. Price...
by Lara | Oct 16, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement continued which favours the bear Elliott wave count short term. The correction may be almost over and now a target may be calculated for it in which I have more confidence. Summary: A zigzag upwards may be almost complete. A target for it to end is at...
by Lara | Oct 15, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was again expected for Wednesday. Summary: Short term this downwards movement may end tomorrow about 1,986 – 1,984. The next wave up is either a five wave structure for a C wave, or a B wave at three degrees. If the next wave up is a three,...
by Lara | Oct 8, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected although the target at 2,013 was inadequate. Summary: Upwards movement may be over for the short term. A downwards correction may begin tomorrow and would be confirmed with a breach of the trend channel on the hourly chart. The...
by Lara | Oct 7, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Wednesday’s session, but it did not happen. Price moved sideways and then ended with upwards movement. Summary: A short term target for upwards movement to end is at 2,013. When the channel on the hourly charts is breached by...
by Lara | Sep 28, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement is unfolding so far exactly as expected. 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 18, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely, which is what happened. Summary: The probability that a Dead Cat Bounce is over is very high, but not fully confirmed. A clear breach of the upwards sloping aqua blue trend line on the daily charts would confirm it....
by Lara | Sep 14, 2015 | S&P 500, S&P 500 + DJIA |
The correction continued. The first Elliott wave count is well supported by regular technical analysis, and still looks right. Summary: The correction continued on Monday. It may be done now or it may take another one to two days. I expect the downwards trend to...
