by Lara | Feb 12, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. The short term target at 1,800 was not met, but price has moved lower. Summary: In the short term, we may see a bounce here to again test the lower cyan trend line. A new high above 1,881.6 would confirm that a bounce is underway. It...
by Lara | Feb 9, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected to begin Tuesday’s session, a small correction to be over in less than 11 hours. So far price has moved higher on a small ranging day and the correction has lasted 9 hours. Summary: The trend is still down. A very strong...
by Lara | Feb 1, 2016 | S&P 500, S&P 500 + DJIA |
Higher prices were expected for Monday. Higher prices is what happened. Summary: The correction may now be complete, but this absolutely requires confirmation before any confidence may be had that the downwards trend is about to resume. A clear breach of the upwards...
by Lara | Jan 25, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement fits the Elliott wave count. Price remains below the invalidation point. This bounce is so far unfolding as expected. Summary: This bounce is either another second wave correction or a fourth wave correction, and it should continue for a further...
by Lara | Jan 21, 2016 | S&P 500, S&P 500 + DJIA |
Price remains below the invalidation point on the preferred hourly chart, so that Elliott wave count still has a higher probability. Summary: The middle of a big third wave should be approaching. The wave count expects a further increase in momentum. This view has a...
by Lara | Jan 14, 2016 | S&P 500, S&P 500 + DJIA |
A new low below 1,901.10 confirmed a third wave down was unfolding. Thereafter, price continued lower. Summary: The trend is definitely down. The middle of a huge third wave is close and has not yet passed. The new target is 1,655. The invalidation point is relatively...
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 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 4, 2016 | S&P 500, S&P 500 + DJIA |
There are three possibilities for downwards movement from the last major swing high of 3rd November. 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 wave is in...
