by Lara | Jul 19, 2016 | S&P 500, S&P 500 + DJIA |
A short term pullback was expected. Another small inside day completes a small red doji. Summary: In the very short term, sideways movement may continue for another session or so. Thereafter, the upwards trend should resume. Last monthly chart for the main wave count...
by Lara | Jun 28, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement unfolded for the session exactly as expected, ending almost at the target which was at 2,038.15. Summary: In the short term, some sideways movement is most likely to complete a fourth wave correction for another two or four days, with two more likely....
by Lara | Jun 8, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was again expected for the session and again failed to materialise. No confirmation of a trend change has been indicated yet either, so it was allowed that price could move a little higher. Summary: Price is persistently weak but no trend change is...
by Lara | May 21, 2016 | S&P 500, S&P 500 + DJIA |
Friday’s analysis came with the warning that the session may print a green daily candlestick, which is what happened. Summary: The downwards trend is not in doubt but short term how high a bounce goes is unclear. A new main hourly wave count expects upwards...
by Lara | May 2, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the short term from both hourly Elliott wave counts. Summary: The probability that the upwards wave is over and the next wave down has begun is very high indeed. If the bear wave count is right (and it is supported by technical...
by Lara | Apr 16, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
A little downwards movement was expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with a target just above 2,116.48. It may end next week. The upwards trend is very weak. To see last published monthly charts...
by Lara | Apr 14, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with a target just above 2,116.48. It may end in just three more sessions on 19th April, 2016. The upwards trend is very weak. To...
by Lara | Apr 13, 2016 | S&P 500, S&P 500 + DJIA |
An upwards breakout was expected, but has come a day or so earlier than expected in yesterday’s analysis. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. A new high reasonably above...
by Lara | Apr 12, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Classic technical analysis changes the Elliott wave count at the hourly chart level. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. A new high reasonably...