by Lara | Aug 26, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement, with short term upwards movement to 1,954, was expected. Summary: A Dead Cat Bounce is most likely unfolding, which should continue for another one to few days and remain below 2,052.09. The downwards trend should resume when the bounce is done. To...
by Lara | Aug 20, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s first Elliott wave count, which was favoured, expected “explosive movement towards the downside” for Thursday. This is what happened. Summary: The second Elliott wave count is now invalid and must be discarded. The first Elliott wave...
by Lara | Jul 28, 2015 | S&P 500, S&P 500 + DJIA |
Some upwards movement was expected to unfold this week, which began on Tuesday. Summary: This upwards movement could certainly continue, but it may also be over here. A new low below 2,076.11 would be earliest confirmation that it is over, and downwards momentum may...
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 9, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for Monday. Summary: The upwards trend should resume tomorrow. The short term target is either 2,098 (main wave count) or 2,133 (alternate wave count). Click on charts to enlarge. Main Bull Wave Count I will favor neither the bull or...
by Lara | Feb 3, 2015 | S&P 500, S&P 500 + DJIA
Yesterday’s counts diverged. Upwards movement was expected from the alternate, but it is not enough for confirmation yet. Summary: In the very short term I expect some downwards movement tomorrow for a small correction. This may be brief and shallow, or it may...
by Lara | Jan 3, 2015 | S&P 500, S&P 500 + DJIA
Price moved lower as expected to end at 2,047.01, right in the target zone at 2,049 – 2,047. Summary: The upwards trend should resume. This would be confirmed with a clear breach of the channel on the hourly chart. The short term target is at 2,121. Click on...
by Lara | Dec 9, 2014 | S&P 500, S&P 500 + DJIA |
The S&P 500 has had a trend change at either minute, primary or cycle degree. Summary: We should always assume the trend remains the same, until proven otherwise. The trend is your friend. At this stage I will assume that a small second wave correction is...
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...