by Lara | Nov 7, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick was expected and fits both Elliott wave counts perfectly. Summary: The first target for this upwards movement to end is at 2,035. If price keeps going up through this first target the next target is at 2,191, although this has a low...
by Lara | Nov 5, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement continued and a green candlestick fits the Elliott wave count perfectly. The target remains the same, but I am adding a second (lower probability) target for you today. Summary: The first target for this upwards movement to end is at 2,035. If price...
by Lara | Nov 5, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement remained above the invalidation point on the Elliott wave hourly chart. The structure is slightly changed and the target is recalculated. I am swapping the bull and bear wave counts over again, although I would prefer to not favour one or the other...
by Lara | Oct 30, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Downwards movement was expected, but both hourly Elliott wave counts were invalidated with movement above 1,991.40. Summary: The upwards structure is again incomplete. The target for more upwards movement to end is 2,012. If we see a new high above 2,019.26 the main...
by Lara | Oct 29, 2014 | S&P 500, S&P 500 + DJIA
A little upwards movement was expected, but the first target at 1,999 has not been met. Note: Unfortunately, my desktop and laptop died in the last 24 hours (maybe it was that lightning strike?). So I am using a borrowed laptop, but it does not yet have the recording...
by Lara | Oct 28, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected more upwards movement which is what has happened. Summary: The structure is incomplete. The target is at either 1,999 or 2,012. Upwards movement should continue tomorrow. Click on charts to enlarge. Bearish Wave Count...
by Lara | Oct 27, 2014 | S&P 500, S&P 500 + DJIA
A little more upwards movement was expected, but price is moving sideways. Summary: A fourth or B wave triangle is almost complete. One final upwards wave should follow to either 1,975 or 2,012. The lower target looks more likely as the upper aqua blue line looks like...
by Lara | Oct 21, 2014 | S&P 500, S&P 500 + DJIA
I had expected a red candlestick for Tuesday’s session which is not what happened. I have a new wave count for you today. Summary: The situation is unclear. I still favour a bearish wave count, but it is possible we may see a new high before the market turns. In...
by Lara | Oct 20, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Downwards movement was expected. Upwards movement remains below the invalidation point. Summary: I expect downwards movement and a red candlestick for Tuesday’s session for a fifth wave which should be 93.23 points in length. If upwards movement breaches...