by Lara | May 6, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement continued, as expected, reaching 3.07 points below the target which was at 2,071. Summary: The wave count now expects upwards movement to be extremely likely to move above 2,125.92 to avoid a truncation. Upwards movement is highly likely to only end...
by Lara | May 6, 2015 | Google
I noticed this trend line on Google. I call it Google’s “forever trend line”: I noticed also the general decline in volume for Google. A decline in volume while price rises is suspicious. I would expect Google to remain in a bull market and this...
by Lara | May 5, 2015 | S&P 500, S&P 500 + DJIA |
The main hourly Elliott wave count expected downwards movement which is what happened. Summary: It is most likely downwards movement will continue for at least one more day, and maybe two. The target remains the same at 2,071, with a limit at 2,013.27. Downwards...
by Lara | May 4, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement is not enough to invalidate or confirm any of the three hourly wave counts from last Elliott wave analysis. Summary: A new high above 2,125.92 would confirm the final fifth wave up is underway. While price remains below 2,125.92 it is possible that...
by Lara | May 2, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was unexpected for Friday and invalidated the hourly Elliott wave count. Summary: Both bull and bear wave counts expect an ending contracting diagonal is close to completion. I have three hourly charts: two which see minute wave iv incomplete and one...
by Lara | Apr 30, 2015 | S&P 500, S&P 500 + DJIA |
A new low below 2,086.38 indicated further downwards movement to end before 2,013.27, most likely to end at the lower aqua blue trend line. Summary: I have just the one bull and the one bear wave count today. They both expect the same direction next and they...
by Lara | Apr 29, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but did not happen. Price remains within the diagonal trend lines and above the invalidation point on the hourly Elliott wave chart. Summary: I have a new wave count today which is a slight variation on yesterday’s wave count. A...
by Lara | Apr 28, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was unexpected, although an alternate wave count did allow for it. Summary: I am changing the wave count at the weekly, daily and hourly chart level. In the short term I expect one more high to 2,134. That may be followed by a deep correction back...
by Lara | Apr 27, 2015 | S&P 500, S&P 500 + DJIA |
Overall upwards movement was expected. Summary: The target for the main wave count is now at 2,187. The target for the more bullish alternate is first at 2,571. On the way up a new high above 2,253.79 would indicate the bull market should continue for longer, maybe...
