by Lara | Apr 7, 2015 | S&P 500, S&P 500 + DJIA |
A little upwards movement to a short term target at 2,092 was expected for a trend change and downwards movement. Price moved higher to begin the session reaching 2.19 points short of the target before turning strongly downwards. Summary: I expect a continuation of...
by Lara | Apr 2, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the main Elliott wave count for Thursday. This is not what happened, but upwards movement remains below the invalidation point. Summary: The main wave count requires downwards movement when markets open to complete a five down on...
by Lara | Apr 1, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the main Elliott wave count for Wednesday. This is what happened. Summary: The main wave count requires downwards movement tomorrow to complete a five down on the hourly chart. If price breaks above 2,073.31 tomorrow then it is...
by Lara | Mar 31, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the main Elliott wave count for Tuesday. This is what happened. Summary: The main wave count requires downwards movement which must subdivide as an impulse and should show an increase in downwards momentum. The target for the next...
by Lara | Mar 29, 2015 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
Some upwards / sideways movement was expected for Friday’s session. Summary: The alternate wave count is now the main wave count. A little more upwards movement for Monday to about 2,072 should complete a small correction, and should be followed by downwards...
by Lara | Mar 25, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement has invalidated the main hourly Elliott wave count, but is not yet enough to confirm the alternate wave count. What happens tomorrow is crucial. Summary: Price is right at the lower blue 2-4 trend line on the main daily wave count. For the main wave...
by Lara | Mar 24, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected, but it was allowed for that a fourth wave correction could continue sideways / lower, which is what happened. Summary: The target remains at 2,178 now calculated at two wave degrees. The upper blue 1-3 trend line should be overshot...
by Lara | Mar 21, 2015 | S&P 500, S&P 500 + DJIA
The correction was already complete. Upwards movement continued. Summary: The mid term target remains the same at 2,178 for primary wave 3 (or cycle wave b for the bear wave count) to end. Upwards movement should not end until the upper blue 1-3 trend line on the...
by Lara | Mar 17, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected towards the target. Another red candlestick looks like another second wave correction, and price remains above the invalidation point and above the lower blue trend line. Summary: The next short term target is at 2,111 for the end of...