by Lara | Jan 27, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement continues exactly as expected. Summary: This bounce is either another second wave correction or a fourth wave correction, and it should continue for a further three (more likely) or eight (less likely) trading sessions. If price moves higher from...
by Lara | Jan 26, 2016 | S&P 500, S&P 500 + DJIA |
Analysis for the last few days has expected to see a consolidation. Price is moving sideways and is range bound. Volume is declining. This is exactly what was expected. Summary: This bounce is either another second wave correction or a fourth wave correction, and it...
by Lara | Jan 23, 2016 | S&P 500, S&P 500 + DJIA |
A new high above 1,901.10 invalidated the main hourly Elliott wave count and confirmed the alternate. Summary: A deeper and longer bounce is in the early stages. It may end about 1,915 or 1,978. It should continue next week. The larger trend remains down. To see how...
by Lara | Jan 11, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement continued as the preferred hourly chart expected. Summary: Divergence (slight) with RSI and VIX indicates this downwards move is over for now. This increases the probability of the leading diagonal scenario. If price breaks above the upper edge of...
by Lara | Jan 9, 2016 | S&P 500, S&P 500 + DJIA |
The first target for a short term interruption to the trend at 1,919 was met on Friday. Summary: This is not the end of the third wave yet although the short term target at 1,919 was met. The lower second target at 1,818 will be used. Downwards movement should...
by Lara | Jan 7, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement continues as expected towards targets. Summary: A downwards trend is still in place. The preferred bear wave count expects a big third wave is now close to the middle. The target for the next short term interruption to the trend is at 1,919. The...
by Lara | Jan 6, 2016 | S&P 500, S&P 500 + DJIA |
The preferred bear Elliott wave count is better supported by classic technical analysis. Summary: A downwards trend is still in place. The preferred bear wave count expects a big third wave is in the early stages. The final invalidation point is at 2,116.48. The...
by Lara | Jan 5, 2016 | S&P 500, S&P 500 + DJIA |
Again, there are three possibilities for downwards movement from the last major swing high of 3rd November. Again, I have three daily charts looking at three possibilities. Summary: A downwards trend is still in place. The preferred bear wave count expects a big third...
by Lara | Dec 23, 2015 | S&P 500, S&P 500 + DJIA |
A quick update of the preferred bear wave count at the hourly chart level only. My CMT ethics guidelines require me to notify members of any opportunity I see before I take advantage of it myself. If the bear wave count is right and a leading expanding diagonal is...
