by Lara | Mar 2, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected for both Elliott wave counts. Summary: Upwards movement may continue for three more sessions to reach 2,133. It is possible that it is over, but this has a lower probability. Click charts to enlarge. Bullish Wave Count Upwards movement...
by Lara | Feb 25, 2015 | S&P 500, S&P 500 + DJIA
The session began with more upwards movement, but ended with a very small red candlestick. The Elliott wave count remains the same. Summary: I expect more upwards movement to a target at 2,133. It looks like it may take longer to get there. If it ends in another six...
by Lara | Feb 12, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected again for both Elliott wave counts. Summary: The upwards trend should continue tomorrow. The short term target is either 2,098 or 2,118. Click charts to enlarge. Bullish Wave Count Upwards movement from the low at 666.79 subdivides as an...
by Lara | Feb 6, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected to a short term target at 2,080. Price did move higher to reach 2,072.40 before turning back down. Summary: In the short term for Monday I expect more downwards movement for a correction. This may end at either 2,051 or 2,015. Click on...
by Lara | Feb 5, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected for the main Elliott wave count. Summary: The trend is upwards and the breakout should come tomorrow. The short term target is at 2,080.. Click on charts to enlarge. Main Bull Wave Count I will favor neither the bull or bear wave count....
by Lara | Feb 2, 2015 | S&P 500, S&P 500 + DJIA |
S&P started the day by moving towards the downside, increasing the confidence in the main count, but price reversed direction ending the day near its highs. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed...
by Lara | Jan 29, 2015 | S&P 500, S&P 500 + DJIA |
Price has still not confirmed either Elliott wave count, and they both remain valid. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed with a new low below 1,988.12. The alternate must see upwards movement from here,...
by Lara | Jan 27, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Monday. The session did begin with downwards movement, but that was retraced to complete a green candlestick. Summary: The main wave count requires downwards movement from here. A new low below 1,988.12 would confirm the main count...
by Lara | Jan 16, 2015 | S&P 500, S&P 500 + DJIA
The S&P 500 continued its range bound movement. Two points became even clearer by today`s price action. First, the S&P 500 has been going through a consolidation phase. Second, this consolidation phase has more to offer and still is incomplete. Summary:...
