by Lara | Sep 21, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but the target at 2,013 was comfortably passed. Thereafter, downwards movement to complete a red candlestick for Friday’s session was expected. Summary: The fourth wave correction is either a flat correction which may end in...
by Lara | Sep 18, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement invalidated the hourly wave count. Summary: I expect a slight new high to 2,013 to begin tomorrow’s session. Thereafter, tomorrow should see more downwards movement and a red candlestick. This may be either wave C of a flat correction or wave C...
by Lara | Sep 18, 2014 | S&P 500, S&P 500 + DJIA
The short term target for Wednesday’s session was 2009. This was reached and exceeded by 1.74 points. Summary: Tomorrow should see more downwards movement and a red candlestick. This may be either wave C of a flat correction or wave C of a triangle. Overall,...
by Lara | Sep 13, 2014 | S&P 500, S&P 500 + DJIA
The main hourly Elliott wave count expected more downwards movement which is what happened during Friday’s session. Both wave counts remain valid. Summary: Minute wave iv has now lasted six days and should continue for at least two more weeks. Overall, minute...
by Lara | Sep 11, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick was unexpected, but price has found resistance at the upper edge of the parallel channel on the hourly chart. I have a new alternate hourly Elliott wave count for you today. Summary: If price moves above the upper edge of the base channel on...
by Lara | Sep 10, 2014 | S&P 500, S&P 500 + DJIA
Price began Wednesday’s session with a little more downwards movement. Thereafter, upwards movement is completing a green candlestick on the daily chart. The Elliott wave count remains the same as yesterday. Summary: The first five down within minute wave iv is...
by Lara | Sep 9, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected for Tuesday’s session. The invalidation point at 1,990.10 on the hourly chart was breached. The Elliott wave count is changed. Summary: I expect that minute wave iii is actually over sooner than expected. A clear breach of any...
by Lara | Sep 3, 2014 | S&P 500, S&P 500 + DJIA |
A new high above 2,006.12 confirmed the main wave count and invalidated the alternate. The target zone remains the same and may be met in another three days time. Summary: If the target at 2,025 – 2,031 is met in three days time then this fifth wave will exhibit...
by Lara | Sep 2, 2014 | S&P 500, S&P 500 + DJIA
Although price began the new week with very slightly higher movement, the target has not been met and Tuesday’s small red candlestick indicates the target may not be met. I have two Elliott wave counts for you. The confirmation / invalidation points are very...
