by Lara | Aug 15, 2015 | S&P 500, S&P 500 + DJIA |
Friday’s session remained within the range of the prior day. Summary: The analysis remains exactly the same. The first wave count is looking slightly more likely at this stage, but is unconfirmed. It now expects very strong downwards movement, which must unfold...
by Lara | Aug 12, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday, but did not happen. Summary: The first wave count now expects downwards movement to continue for a third wave to end at 2,002. Before this gets underway though, there is the very real possibility that a second wave...
by Lara | Aug 11, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected again for Tuesday, but the invalidation point allowed for a second wave correction. Summary: The first wave count expects upwards movement still to not end until a new high above 2,114.24, to a target at 2,119. The second wave count...
by Lara | Aug 10, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Monday. Summary: The first wave count expects upwards movement to end at 2,119 when price touches the upper edge of the channel on the hourly chart. The second wave count expects an upwards trend has resumed to new all time highs. A...
by Lara | Aug 6, 2015 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected, but did not happen. Summary: For the short term, both wave counts expect downwards movement to 2,070 – 2,069 to be followed by upwards movement to at least above 2,114.24. How high the next wave goes may tell which wave...
by Lara | Aug 5, 2015 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected for Wednesday’s session, which is exactly what happened. Summary: The first wave count still expects a little more upwards movement to a target at 2,119. The second wave count expects the upwards trend to continue. If price...
by Lara | Aug 4, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Price moved sideways in a narrower range than the day before, but completed a red candlestick. Summary: For the short term, a little upwards movement at least to about 2,119 is still expected. It may end in another one to three days. A new high above 2,132.82 would...
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 | Jul 30, 2015 | S&P 500, S&P 500 + DJIA |
A sideways day which did not manage to make a new high fits both Elliott wave counts. Summary: A new low now below 2,063.52 would be earliest price confirmation that upwards movement is over, and downwards momentum may then be expected to build. A new high above...
