by Lara | Dec 30, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement invalidated yesterday’s hourly Elliott wave count. The structure is incomplete though, and the target should still be met. Summary: The mid term target is now widened to a zone at 2,132 – 2,138. This may be met now in another 4 or 12...
by Lara | Dec 29, 2014 | S&P 500, S&P 500 + DJIA
Lara had expected upwards movement to end about 2,132. Price drifted upwards and target is yet to be met. Summary: Upwards movement should continue to the mid term target at 2,132. The mid term target may be met in another 5 or 13 trading days. Click on charts to...
by Lara | Dec 24, 2014 | S&P 500, S&P 500 + DJIA
Again, upwards movement was expected. I warned yesterday that the short term target may be too optimistic, and it looks like it was. It will not be met… yet. The mid term target remains the same. Summary: In the short term I expect a small fourth wave correction...
by Lara | Dec 22, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected. Summary: The short term target is at 2,097 – 2,098. This may be met in one or two days. The mid term target is at 2,132. This may be met in 9 or 17 days time. Click on charts to enlarge. Bull Wave Count I will favor neither the...
by Lara | Dec 16, 2014 | S&P 500, S&P 500 + DJIA
This downwards movement was expected to extend further, but it was interrupted by a quick upwards movement that invalidated the hourly Elliott wave count before downtrend resumption. Summary: The short term target is at 1,958, and should be met in the next 24 hours....
by Lara | Dec 15, 2014 | S&P 500, S&P 500 + DJIA
This downwards movement was expected for all Elliott wave counts, and an increase in downwards momentum was also expected. Summary: The short / mid term target at 1,942 remains the same, and should be met this week. Click on charts to enlarge. Bull Wave Count I will...
by Lara | Dec 9, 2014 | S&P 500, S&P 500 + DJIA |
The S&P 500 has had a trend change at either minute, primary or cycle degree. Summary: We should always assume the trend remains the same, until proven otherwise. The trend is your friend. At this stage I will assume that a small second wave correction is...
by Lara | Dec 9, 2014 | S&P 500, S&P 500 + DJIA |
A little more upwards movement to 2,081 was expected before the market saw any downwards movement. This is not what happened. Summary: It is possible again that Monday saw a trend change. However, we should always assume the trend remains the same until proven...
by Lara | Dec 6, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected. Summary: A small ending contracting diagonal may be unfolding for the final fifth wave up. The target for it to end, probably on Monday, is at 1,281. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave...