by Lara | Sep 25, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis expected for Friday’s session a little upwards movement to end about 1,951. Price moved higher to start the session, reaching up to 1,952.89, before turning lower to complete a small red candlestick. Summary: I expect to...
by Lara | Sep 23, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Wednesday. A red candlestick with a small real body moved price sideways. Summary: I expect downwards movement again tomorrow. Corrections along the way down may find resistance first at the aqua blue trend line, or at the small...
by Lara | Sep 21, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely, which is what happened. Summary: The probability that a Dead Cat Bounce is over is very high, but not fully confirmed. A clear breach of the upwards sloping aqua blue trend line on the daily charts would confirm it....
by Lara | Sep 18, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely, which is what happened. Summary: The probability that a Dead Cat Bounce is over is very high, but not fully confirmed. A clear breach of the upwards sloping aqua blue trend line on the daily charts would confirm it....
by Lara | Sep 17, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued. Yesterday’s second wave count expected a little upwards movement, but the target at 2,003 was inadequate. Summary: The Dead Cat Bounce is either a fourth wave correction (from yesterday’s wave count) or a second wave correction...
by Lara | Sep 16, 2015 | S&P 500, S&P 500 + DJIA |
The triangle was invalidated with upwards movement leaving only one hourly wave count. I have a new idea at the hourly chart level for you today. Summary: The Dead Cat Bounce continues and is still most likely a fourth wave correction, which is more likely to end...
by Lara | Sep 15, 2015 | S&P 500, S&P 500 + DJIA |
The correction continued another day, which was allowed for. The Elliott wave counts on the hourly chart are again reduced to two. Summary: Upwards movement remained below 1,988.63, so the triangle remains valid and still has the best overall look. The combination...
by Lara | Aug 28, 2015 | S&P 500, S&P 500 + DJIA |
The Dead Cat Bounce continues. Summary: A Dead Cat Bounce is most likely still unfolding and may now end on Monday (Tuesday at the latest). The bounce looks more likely to be another deep second wave correction, so the next wave down may be more explosive than the...
by Lara | Aug 24, 2015 | S&P 500, S&P 500 + DJIA |
A small bounce completed a small fourth wave correction while price moved lower. The wave count is unfolding mostly as expected, but targets continue to be inadequate. Summary: A target for this third wave to end is at 1,840 which may be met tomorrow. The following...
