by Lara | Jun 10, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
The upwards movement, which was unexpected, invalidated the hourly alternate Elliott wave count. Summary: The main wave count is changed. It now expects a third wave up and requires confirmation with a new high above 2,134.72. The alternate expects a primary degree...
by Lara | Jun 9, 2015 | S&P 500, S&P 500 + DJIA |
Further downwards movement fits the alternate Elliott wave count better than the main Elliott wave count, but price has not yet confirmed one and invalidated the other. Summary: The main wave count has again further reduced in probability, but the alternate still...
by Lara | Jun 5, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was not what was expected for the main bull Elliott wave count. The alternate is yet to be confirmed though. Summary: The main wave count must see upwards movement on Monday. The new target is at 2,152. The alternate expects price to continue to...
by Lara | Jun 3, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement was exactly what was expected for Wednesday’s session. The Elliott wave count remains the same. Summary: Sideways movement should continue tomorrow to complete a triangle, with a small downwards movement to most likely fall short of the lower...
by Lara | Jun 2, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected, but price moved sideways to complete a small red doji. A new low during Tuesday’s session breached the invalidation point on the hourly chart by 0.02 points. Summary: Sideways movement was the continuation of a B wave triangle. The...
by Lara | Jun 1, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Monday did complete a small green candlestick, but a new low of 2 points began the session. This small downwards movement has remained above the invalidation point on the hourly chart. Summary: I expect now one more upwards wave to...
by Lara | May 30, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. I am changing the Elliott wave count though, because downwards momentum is weak and there has not been a clear five down on the hourly chart. Summary: I expect now one more upwards wave to 2,154. If this target is met it may flush out...
by Lara | May 27, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement was expected to complete a small fourth wave correction to about 2,107, a small green candlestick or doji was expected for Wednesday. This is not what happened. Price moved much higher than expected, breaching the invalidation point on the hourly...
by Lara | May 22, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. A small red candlestick fits the Elliott wave count. Summary: The short term target is at 2,103 and may be met next week. The main wave count will remain relatively bullish while price remains above the long held bull trend line on the...
