by Lara | Apr 20, 2017 | S&P 500, S&P 500 + DJIA |
Price continues to move sideways. Summary: Only one wave count is left now, which expects sideways movement to continue for another 20 sessions. Thereafter, the upwards trend should resume towards the final target at 2,500. New updates to this analysis are in bold....
by Lara | Dec 10, 2016 | S&P 500, S&P 500 + DJIA |
Last analysis expected a pullback to last a few days, but price has continued higher. Summary: There is an upwards trend in place, but it is becoming extreme. Use the narrow channel on the hourly chart; while price remains in the channel, the target for intermediate...
by Lara | Jun 13, 2016 | S&P 500, S&P 500 + DJIA |
A bounce was expected for Monday but did not happen. Price has moved lower breaking below the first confirmation point for the larger picture and confirming a trend change, at least short term. Summary: A bounce for a second wave correction is still expected on...
by Lara | May 24, 2016 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement, which is exactly what happened. Summary: The downwards trend is not in doubt but short term how high a bounce goes is unclear. The main hourly wave count expects upwards movement for another one or two days to a target at 2,099...
by Lara | May 7, 2016 | S&P 500, S&P 500 + DJIA |
A small green candlestick or a doji were expected for Friday’s session. Friday completes a small green candlestick. Summary: The probability that the upwards wave is over and the next wave down has begun is very high indeed. If the bear wave count is right (and...
by Lara | Oct 1, 2015 | S&P 500, S&P 500 + DJIA |
A little upwards movement to 1,930 – 1,932 was expected. Price moved a little higher, reaching to 1,927.21 during the session. Summary: I expect more upwards movement tomorrow. The target for this correction to end is at 1,963, but that may be too high. When the...
by Lara | Sep 22, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely, which is what happened. Summary: I expect downwards movement tomorrow. Corrections along the way down may find resistance first at the aqua blue trend line, or at the small downwards sloping acceleration channel on the...
by Lara | Sep 9, 2015 | S&P 500, S&P 500 + DJIA
Sideways movement was expected as most likely, which is what price has been doing for eight days now. Summary: In the short term, a consolidation is expected to continue with the breakout to be down when it is complete. The consolidation is most likely a fourth wave,...
by Lara | Sep 1, 2015 | S&P 500, S&P 500 + DJIA |
A new low below 1,954.09 provided price confirmation that the upwards wave was over and completed as a “three”. Both hourly wave counts remain valid. Their targets are different, but they expect the same direction next. Summary: A strong downwards day with...
