by Lara | Mar 11, 2015 | S&P 500, S&P 500 + DJIA
A little downwards movement was expected for both hourly Elliott wave counts. Price is finding strong support at the lower blue 2-4 diagonal trend line, and at the lower aqua blue TA trend line. Summary: With price right at two trend lines providing support, how price...
by Lara | Mar 9, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement fits both Elliott wave counts. If upwards movement continues tomorrow the main Elliott wave count will be more likely. Summary: The main wave count expects another eleven days of upwards movement to a target at 2,153. First confirmation would come...
by Lara | Mar 5, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, and a small green candlestick is completing for Thursday’s session. Price is finding support at the lower edge of the channel on the hourly chart. Summary: I expect another thirteen days in total (give or take one or two either...
by Lara | Feb 28, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected but price moved lower, remaining just above the invalidation point which is very close by. Summary: Upwards movement may continue for four more sessions to reach 2,133. It is just possible that it is over, but this has a lower...
by Lara | Feb 26, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected, but price moved lower for the session to complete a red candlestick. The invalidation point was not breached. Summary: I expect more upwards movement to a target at 2,133. If it ends in another five sessions minor wave 5 may total a...
by Lara | Feb 25, 2015 | S&P 500, S&P 500 + DJIA
The session began with more upwards movement, but ended with a very small red candlestick. The Elliott wave count remains the same. Summary: I expect more upwards movement to a target at 2,133. It looks like it may take longer to get there. If it ends in another six...
by Lara | Feb 23, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected, but so far a small second wave correction is moving price slowly lower. The target remains the same. Summary: I expect more upwards movement to a target at 2,133. This may be reached this week. Click charts to enlarge. Bullish Wave Count...
by Lara | Feb 22, 2015 | S&P 500, S&P 500 + DJIA
Again, upwards movement was expected. The target remains the same. Summary: I expect more upwards movement to 2,133. This may end on Monday, but it looks now like it may need a little longer to get there and may end on Tuesday. Click charts to enlarge. Bullish Wave...
by Lara | Feb 19, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but price again moved sideways in a small range. Summary: I expect more upwards movement to 2,133. This may end in two days. Click charts to enlarge. Bullish Wave Count Upwards movement from the low at 666.79 subdivides as an incomplete...
