by Lara | Dec 2, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. The Elliott wave count remains the same. Summary: One final small fifth wave is now all that is required to complete this structure at primary (bull count) or cycle degree (bear count). The target is now at 2,087 – 2,089. Click on...
by Lara | Dec 1, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement has remained above the invalidation point and within the channel on the hourly chart. The Elliott wave count remains the same, but the target has been recalculated. Summary: One final small fifth wave is now all that is required to complete this...
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 27, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Another green candlestick and mostly sideways movement fits the Elliott wave count. The structure is managing to complete below the target, and may manage to end by the target. Summary: I expect upwards movement for tomorrow’s session to a short term target at...
by Lara | Nov 22, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement and a slight increase in upwards momentum was expected. 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 favour neither the bull or bear...
by Lara | Nov 20, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick fits the Elliott wave count. 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 favour neither the bull or bear wave count. Both...
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 19, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement has confirmed the main hourly Elliott wave count and invalidated the alternate. The second target was reached and passed by 1.08 point. Summary: The structure is again incomplete. I expect price to keep rising. The next likely target is at 2,079....
by Lara | Nov 14, 2014 | S&P 500, S&P 500 + DJIA
A small green doji candlestick for Thursday’s session invalidated the main hourly Elliott wave count, but was allowed for in the alternate. Summary: A new high indicates that upwards movement is not over. A new high above 2,046.18 would confirm upwards movement...
