by Lara | Feb 9, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for Monday. Summary: The upwards trend should resume tomorrow. The short term target is either 2,098 (main wave count) or 2,133 (alternate wave count). Click on charts to enlarge. Main Bull Wave Count I will favor neither the bull or...
by Lara | Feb 6, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected to a short term target at 2,080. Price did move higher to reach 2,072.40 before turning back down. Summary: In the short term for Monday I expect more downwards movement for a correction. This may end at either 2,051 or 2,015. Click on...
by Lara | Feb 4, 2015 | S&P 500, S&P 500 + DJIA
A small correction was expected for the short term. This is exactly what happened. Summary: The trend is upwards and the breakout from this consolidation phase should come within the next one to three days. A third or C wave up may begin tomorrow. Alternatively, a...
by Lara | Feb 3, 2015 | S&P 500, S&P 500 + DJIA
Yesterday’s counts diverged. Upwards movement was expected from the alternate, but it is not enough for confirmation yet. Summary: In the very short term I expect some downwards movement tomorrow for a small correction. This may be brief and shallow, or it may...
by Lara | Jan 30, 2015 | S&P 500, S&P 500 + DJIA |
Both Elliott wave counts remain valid as price unfolded within a range on Friday`s session, and price has still not confirmed either Elliott wave count. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed with a new...
by Lara | Jan 28, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for the main Elliott wave count and upwards movement was expected for the alternate. Summary: I expect downwards movement at least to start tomorrow’s session. If the blue 2-4 trend line on the alternate chart is not breached, and...
by Lara | Jan 23, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected for Friday’s session. The Elliott wave counts remain mostly the same. Summary: Downwards movement is expected in the short term for both wave counts. If downwards movement breaches 1,988.12 the alternate bull wave count will be...
by Lara | Jan 22, 2015 | S&P 500, S&P 500 + DJIA |
A new low was expected to begin the session. The upwards trend should have resumed. Summary: In the short term either this sideways correction is incomplete (main wave count) or one last final high will be seen before a primary degree trend change (alternate wave...
by Lara | Jan 20, 2015 | S&P 500, S&P 500 + DJIA
Generally speaking the S&P 500 unfolded towards the upside as expected. However, the latest upwards movement did not unfold in a five wave structure, and is clearly corrective and that suggests that the structure we have been following is still incomplete....
