by Lara | Mar 24, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected, but it was allowed for that a fourth wave correction could continue sideways / lower, which is what happened. Summary: The target remains at 2,178 now calculated at two wave degrees. The upper blue 1-3 trend line should be overshot...
by Lara | Mar 21, 2015 | S&P 500, S&P 500 + DJIA
The correction was already complete. Upwards movement continued. Summary: The mid term target remains the same at 2,178 for primary wave 3 (or cycle wave b for the bear wave count) to end. Upwards movement should not end until the upper blue 1-3 trend line on the...
by Lara | Mar 18, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement and an increase in upwards momentum were expected for Wednesday’s session. The main Elliott wave count is confirmed at the hourly chart level. Summary: The next short term target is at 2,126 for the end of subminuette wave iii, where a small...
by Lara | Mar 17, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected towards the target. Another red candlestick looks like another second wave correction, and price remains above the invalidation point and above the lower blue trend line. Summary: The next short term target is at 2,111 for the end of...
by Lara | Mar 11, 2015 | S&P 500, S&P 500 + DJIA
A little downwards movement was expected for both hourly Elliott wave counts. Price is finding strong support at the lower blue 2-4 diagonal trend line, and at the lower aqua blue TA trend line. Summary: With price right at two trend lines providing support, how price...
by Lara | Mar 9, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement fits both Elliott wave counts. If upwards movement continues tomorrow the main Elliott wave count will be more likely. Summary: The main wave count expects another eleven days of upwards movement to a target at 2,153. First confirmation would come...
by Lara | Mar 5, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, and a small green candlestick is completing for Thursday’s session. Price is finding support at the lower edge of the channel on the hourly chart. Summary: I expect another thirteen days in total (give or take one or two either...
by Lara | Mar 3, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price moved lower to invalidate the main hourly Elliott wave count. Summary: The target remains the same at 2,133, but it may not be met in just two more sessions and looks like it will need a little longer to get there. I am still...
by Lara | Feb 28, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected but price moved lower, remaining just above the invalidation point which is very close by. Summary: Upwards movement may continue for four more sessions to reach 2,133. It is just possible that it is over, but this has a lower...
