by Lara | Feb 11, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the main Elliott wave count expects. The very bearish alternate Elliott wave count remains viable. Summary: The target is 2,338 for the short term and 2,382 for a longer term trade. In the short term, a small correction for minute iv may...
by Lara | Jan 30, 2017 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected for Monday’s session, which is what has happened. Summary: The situation is quite mixed today for the S&P, but on balance my judgement is that today’s downwards movement may present an opportunity to enter...
by Lara | Dec 22, 2016 | S&P 500, S&P 500 + DJIA |
Another downwards day remains within the range of recent movement. The short term Elliott wave structure at the hourly chart level is relabelled, and the Elliott wave target remains the same. Summary: A small pennant pattern may be completing, the target would be...
by Lara | Nov 28, 2016 | S&P 500, S&P 500 + DJIA |
Price remains above the invalidation point on the hourly Elliott wave count. The small downwards movement for today still fits with overall expectations. Summary: An upwards trend is in place. Corrections are an opportunity to join the trend. A sideways correction is...
by Lara | Nov 7, 2016 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected to 2,076. The downwards trend was judged to be weak on Friday. Monday has seen a very strong upwards day, with no new low at the beginning of the session. Summary: The short term target is at 2,139.50 for tomorrow....
by Lara | Oct 11, 2016 | S&P 500, S&P 500 + DJIA |
A red daily candlestick was expected for Tuesday’s session, which is what happened. The short term triangle structure was invalidated by more downwards movement than expected. Summary: Intermediate wave (3) upwards should begin tomorrow and must move above the...
by Lara | Sep 15, 2016 | S&P 500, S&P 500 + DJIA |
Both Elliott wave counts remain valid still. Summary: Both Elliott wave counts expect upwards movement tomorrow to at least 2,164. A new high above 2,187.87 would invalidate the bear and confirm the bull, and the target would then be at 2,233. A new low below 2,111.05...
by Lara | Aug 28, 2016 | S&P 500, S&P 500 + DJIA |
Price moved lower. The main Elliott wave count was invalidated and an alternate Elliott wave count was confirmed. Summary: Overall, next week should continue with downwards movement to end about 2,147.58. On Balance Volume is giving a stronger bearish signal but VIX...
by Lara | Aug 4, 2016 | S&P 500, S&P 500 + DJIA |
Yesterday’s main Elliott wave count expected upwards movement, which is what has happened so far. Summary: Upwards movement is most likely next week. A new high above 2,178.29 would add confidence to this view. Alternatively, a new low now below 2,147.58 would...
