by Lara | Nov 28, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected to a short term target at 2,077. Price did begin Friday’s session with upwards movement to a new high, but fell 1.24 points short of the target. Thereafter, it turned lower for a small fourth wave correction which was expected....
by Lara | Nov 20, 2014 | S&P 500, S&P 500 + DJIA
The Elliott wave count is adjusted at the hourly and five minute chart level. The target remains the same. Summary: The structure is still incomplete. I expect price to keep rising. The next likely target is at 2,079. Click on charts to enlarge. Bull Wave Count I will...
by Lara | Nov 12, 2014 | S&P 500, S&P 500 + DJIA |
Another green candlestick was expected for Wednesday up to the target at 2,049. This is not what happened. Summary: Again, upwards movement could be over with a complete structure. I expect downwards movement from here for at least one week. The depth and structure...
by Lara | Oct 17, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected for Thursday’s session to a target at 1,879.17. Price did move higher, reaching up to 1,876.01. I am changing my bullish Elliott wave count today. Summary: I expect tomorrow to begin with a little more upwards movement to 1,880....
by Lara | Aug 11, 2014 | S&P 500, S&P 500 + DJIA
The main hourly Elliott wave count was correct. This fourth wave correction may end in another one to three days. I can now calculate a target for it to end. The Elliott wave structure remains the same. Summary: I expect downwards movement for one to three days to...
by Lara | Jul 30, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA |
Overall downwards movement was expected for Tuesday’s session, and we have a red candlestick. Price moved higher first though, and remains below the invalidation point. Summary: Another fourth wave correction may have arrived last Friday. This would be confirmed...
by Lara | May 8, 2014 | S&P 500, S&P 500 + DJIA |
More sideways movement for Thursday’s session fits yesterday’s alternate hourly wave count perfectly. I am discarding the main wave count now because we have not seen the increase in upwards momentum it required. I have a new alternate for you today, but...
by Lara | Mar 26, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, although the session began with a spike higher which invalidated the main hourly wave count. The main wave count is changed slightly and still has a better fit and overall look. Price has not moved low enough for confidence in this...
by Lara | Mar 12, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was as expected. The short term target was at 1,856. Price reached down to 1,854.38. There is now a clear channel breach of the pink channel containing minor wave B upwards. This is confirmation that there has been a trend change at minor degree....