by Lara | May 26, 2015 | S&P 500, S&P 500 + DJIA |
The short term target for downwards movement at 2,103 was met and exceeded slightly by 3.73 points. Summary: A small fourth wave correction is incomplete; sideways movement may complete a small green candlestick or doji for tomorrow. The fourth wave may end about...
by Lara | May 22, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. A small red candlestick fits the Elliott wave count. Summary: The short term target is at 2,103 and may be met next week. The main wave count will remain relatively bullish while price remains above the long held bull trend line on the...
by Lara | May 21, 2015 | S&P 500, S&P 500 + DJIA |
Again upwards movement may be over, but confirmation is required. Summary: The trend channel on the hourly chart should be breached tomorrow, if there has been a trend change. While price remains within the channel on the hourly chart, it must be accepted that a...
by Lara | May 19, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement may now be over for the S&P. The Elliott wave structure is now complete, just short of the target at 2,135 to 2,137. Summary: Upwards movement may have ended on Tuesday slightly short of the target. A trend change, no matter what degree, still...
by Lara | May 18, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement for Monday is exactly what the Elliott wave count expected. The target remains the same. Summary: Upwards movement may end this week. The target may now be calculated at two wave degrees giving a small range of 2,135 – 2,137. The upper i-iii...
by Lara | May 17, 2015 | S&P 500, S&P 500 + DJIA |
The target for a small third wave at 2,135 was not met although price did move higher. The Elliott wave count remains the same. Summary: Upwards movement should continue next week. The target may now be calculated at two wave degrees giving a small range of 2,135...
by Lara | May 13, 2015 | S&P 500, S&P 500 + DJIA
Sideways movement fits both hourly Elliott wave counts. Summary: It is now more likely that minuette wave (b) was over two days ago and minuette wave (c) upwards has begun to 2,135. It is still possible but now less likely that minuette wave (b) will continue lower to...
by Lara | May 12, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement has deepened the correction, which remains above the trend line and invalidation point. Summary: It is fairly likely that minuette wave (b) is over and minuette wave (c) up has begun. The short term target is at 2,135 for upwards movement to end....
by Lara | May 11, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Monday, but this is not what happened. Some downwards movement was expected, but for later this week and not for Monday. The Elliott wave count remains the same. Summary: Downward movement for Monday is showing on the daily chart as a...
