by Lara | Dec 5, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
A new high fits the Elliott wave count nicely. Downwards movement along the way up remains above the invalidation point. Summary: One final small fifth wave is now all that is required to complete this structure at primary (bull count) or cycle degree (bear count)....
by Lara | Dec 4, 2014 | S&P 500, S&P 500 + DJIA |
A new high was expected. Price continues to move higher towards the target. Summary: One final small fifth wave is now all that is required to complete this structure at primary (bull count) or cycle degree (bear count). The target is now at 2,087 – 2,089. Click...
by Lara | Dec 1, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement has remained above the invalidation point and within the channel on the hourly chart. The Elliott wave count remains the same, but the target has been recalculated. Summary: One final small fifth wave is now all that is required to complete this...
by Lara | Nov 26, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected with a new high, and the main hourly Elliott wave count had expected it was possible we could see another one to three red candlesticks on up to the target. Summary: The structure is still incomplete. I expect price to keep...
by Lara | Nov 25, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected. Summary: The structure is still incomplete. I expect price to keep rising. The next likely target is at 2,079. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both are viable and...
by Lara | Nov 20, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick fits the Elliott wave count. Summary: The structure is still incomplete. I expect price to keep rising. The next likely target is at 2,079. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both...
by Lara | Nov 16, 2014 | S&P 500, S&P 500 + DJIA
Sideways movement in a very small range for Friday leaves both the main and alternate Elliott wave counts exactly the same. Summary: A new high above 2,046.18 would confirm upwards movement should continue, and the first target is 2,049. If price keeps rising above...
by Lara | Nov 10, 2014 | S&P 500, S&P 500 + DJIA
A red candlestick was expected for Monday. This is not what happened. Summary: The target for upwards movement to end is 2,049. This may be met in one to three days. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both...
by Lara | Nov 7, 2014 | S&P 500, S&P 500 + DJIA
The target at 2,035 has almost been met. This structure may now be complete. Summary: The main wave count will now expect downwards movement, and would be confirmed below 1,820.66. The alternate bull wave count will expect a small second wave correction to not move...
