by Lara | Dec 12, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement is showing increased momentum as expected. The bullish Elliott wave count is invalidated. Summary: A third wave down is still in the early stages. The first short term target for the middle of it to end is at 1,997. The second short term target is...
by Lara | Dec 3, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was not expected and invalidated the hourly Elliott wave counts. Summary: The trend is still down, but a bear market rally continues and is not done yet. It may end tomorrow. A new high above 2,116 is expected. The new target for this upwards...
by Lara | Nov 18, 2015 | S&P 500, S&P 500 + DJIA |
A strong upwards day changes the Elliott wave count. Summary: The trend is still down, but a bear market rally continues and is not done yet. A slight new high above 2,116 is expected in the next few days now. Thereafter, the downwards trend should resume in force....
by Lara | Nov 9, 2015 | S&P 500, S&P 500 + DJIA |
The Elliott wave count expected more downwards movement and that is what happened. Summary: More downwards movement is expected, The first invalidation point on the hourly chart is very close by at 2,083.74. The target for tomorrow is at 2,063. The wave count expects...
by Lara | Oct 31, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but the target at 2,107 was too high. Summary: Upwards movement may be over. A clear breach of the channel on the hourly chart would provide confidence. The next wave down would most likely make new lows. A new low below 2,020.13 would...
by Lara | Oct 21, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: Both wave counts now expect downwards movement to continue for at least a few days. The target for the bear wave count is 1,778. The bull wave count may see a zigzag down for a C wave of a triangle which must end above...
by Lara | Aug 3, 2015 | S&P 500, S&P 500 + DJIA |
Both Elliott wave counts and regular technical analysis expected this week to begin with downwards movement, which is exactly what happened. Summary:For the short term, a little upwards movement at least to about 2,119 may begin tomorrow. This may end during...
by Lara | Jun 23, 2015 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected overall more upwards movement with corrections to find support at the lower edge of the channel on the hourly chart. A small green candlestick for Wednesday fits the main Elliott wave count, and the lower edge of the channel is...
by Lara | Mar 31, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the main Elliott wave count for Tuesday. This is what happened. Summary: The main wave count requires downwards movement which must subdivide as an impulse and should show an increase in downwards momentum. The target for the next...
