by Lara | Aug 11, 2016 | S&P 500, S&P 500 + DJIA |
A little downwards movement to 2,171 – 2,168 was expected before the resumption of upwards movement. This is not what happened. Price moved upwards for the session and did not first make a new low. Summary: The trend remains the same, until proven otherwise....
by Lara | Aug 1, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement is choppy and overlapping indicating a diagonal. Summary: A consolidation may be completing for intermediate wave (2). Price should move overall upwards before turning and moving lower for a few days to end below 2,159.07. Last monthly chart for the...
by Lara | Jul 25, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement to below 2,168.98 but not below 2,159.75 was expected as most likely by the main Elliott wave count for Monday. Price moved lower to reach 2,161.94. Summary: A small pennant or Elliott wave triangle may have ended today. This should be followed by a...
by Lara | Jul 23, 2016 | S&P 500, S&P 500 + DJIA |
Price moved sideways as the main Elliott wave count expected. Summary: One or two sessions of overall downwards movement to end below 2,168.98 and above 2,159.75 is most likely. Note that downwards movement may end a little below 2,159.75, so if this point is...
by Lara | Jul 21, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected but did not happen. Price remains just above the invalidation point on the hourly wave count. Summary: Sideways movement for another three sessions may complete a fourth wave. This will be the preferred outlook while price remains above...
by Lara | Jul 20, 2016 | S&P 500, S&P 500 + DJIA |
In the very short term, sideways movement was expected for one or two sessions before the upwards trend resumed, but this did not happen. Price has moved higher. Summary: The trend is up and there is some small support today from volume. The target for a third wave to...
by Lara | Jul 19, 2016 | S&P 500, S&P 500 + DJIA |
A short term pullback was expected. Another small inside day completes a small red doji. Summary: In the very short term, sideways movement may continue for another session or so. Thereafter, the upwards trend should resume. Last monthly chart for the main wave count...
by Lara | Jul 18, 2016 | S&P 500, S&P 500 + DJIA |
A short term pullback was expected. Price has not moved lower, but moved higher in a small inside day. Summary: In the very short term, a small pullback to about 2,147 or 2,133 is still expected. If this expectation is wrong, it will be in that these targets are too...
by Lara | Jul 16, 2016 | S&P 500, S&P 500 + DJIA |
Analysis yesterday again expected more upwards movement. While that is how the session began in the first hour, thereafter price fell to complete a small red daily candlestick. Summary: In the very short term, a small pullback to about 2,147 or 2,133 is expected. If...
