by Lara | Oct 15, 2015 | S&P 500, S&P 500 + DJIA |
Some upwards movement was expected for Thursday, but a little more downwards movement to 1,986 – 1,984 was expected first which did not happen. Summary: The S&P remains within a consolidation; the Elliott wave count has the consolidation as either a fourth...
by Lara | Oct 13, 2015 | S&P 500, S&P 500 + DJIA |
Downwards / sideways movement was expected for Tuesday’s session to complete a red candlestick or doji. A red candlestick for Tuesday completed which fits the Elliott wave counts perfectly. Summary: The correction is incomplete. Downwards / sideways movement...
by Lara | Oct 10, 2015 | S&P 500, S&P 500 + DJIA |
Price moved a little higher and did not breach the channel on the hourly chart. The channel must be breached before this upwards wave is confirmed as complete. An alternate target is added for the possibility that it may continue further. Summary: The channel on the...
by Lara | Oct 7, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Wednesday’s session, but it did not happen. Price moved sideways and then ended with upwards movement. Summary: A short term target for upwards movement to end is at 2,013. When the channel on the hourly charts is breached by...
by Lara | Oct 6, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement to 2,010 was expected by the first Elliott wave count to end a third wave. Price moved only very slightly higher, failing by a wide margin to reach the target, and ended lower for the day in a fourth wave correction for the main Elliott wave count....
by Lara | Oct 6, 2015 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected for Monday. Price reached well above the target. Summary: I’ve taken a big step back today to look at the bigger picture, resulting in a changed wave count. I am still confident the S&P remains in a bear market because of...
by Lara | Oct 3, 2015 | S&P 500, S&P 500 + DJIA |
More upwards movement to 1,963 was expected for Friday. It was stated in yesterday’s Elliott wave analysis that if the target was wrong, it may be too high. Price did move higher to reach 1,951.21. Summary: I expect more upwards movement for the next trading...
by Lara | Sep 30, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but did not happen. Summary: Downwards movement should continue to new lows this week. If this downwards wave shows a clear strong increase in momentum beyond the last big wave down, then it would be a third wave. If it does not show a...
by Lara | Sep 28, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement is unfolding so far exactly as expected. Summary: Downwards movement should continue to new lows this week. If this downwards wave shows a clear strong increase in momentum beyond the last big wave down, then it would be a third wave. If it does not...
