by Lara | Oct 5, 2016 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected that Tuesday’s session would move price lower, and it has. But the target has not yet been reached. This wave down may not exhibit a Fibonacci duration in terms of how many days it lasts. The target remains the same. Summary:...
by Lara | Oct 3, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement has unfolded exactly as expected so far for Monday’s session. The target for the main Elliott wave count remains the same. Summary: One more day of downwards movement to 2,137 is expected. Thereafter, price should turn up to make a new high...
by Lara | Sep 19, 2016 | S&P 500, S&P 500 + DJIA |
Price has moved sideways. This fits the alternate Elliott wave count better than the main Elliott wave count at this stage. Summary: Sideways movement is most likely at this stage for a few days, a small pennant is forming. The breakout should be down. A new low below...
by Lara | Sep 18, 2016 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Friday but this did not happen. Price has been moving sideways now for five days. Summary: Classic technical analysis supports the bearish alternate Elliott wave count. This still requires price confirmation below 2,111.05....
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 | Sep 14, 2016 | S&P 500, S&P 500 + DJIA |
Price is still within the confirmation / invalidation points and so both Elliott wave counts still remain valid. Summary: Classic technical analysis today favours the alternate Elliott wave count. A new low below 2,111.05 would confirm the alternate. Price should then...
by Lara | Sep 13, 2016 | S&P 500, S&P 500 + DJIA |
Price remains within the confirmation / invalidation points and so both Elliott wave counts remain valid. Summary: Classic technical analysis today favours the alternate Elliott wave count. A new low below 2,111.05 would confirm the alternate. Price should then...
by Lara | Aug 31, 2016 | S&P 500, S&P 500 + DJIA |
Overall downwards movement was expected. Summary: Overall, this week and maybe also next week should continue with downwards movement to end about 2,147.58. Downwards movement may be choppy, overlapping, and take its time. Last monthly chart for the main wave count is...
by Lara | Aug 30, 2016 | S&P 500, S&P 500 + DJIA |
A small downwards day fits for both hourly Elliott wave counts. Summary: Overall, this week and maybe also next week should continue with downwards movement to end about 2,147.58. Downwards movement may be choppy, overlapping, and take its time. Last monthly chart for...
