by Lara | Apr 24, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to continue. Price made a slight new high and Friday completed a small green candlestick. 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. Click charts to enlarge....
by Lara | Apr 23, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but did not happen. The main Elliott wave count (which was unconfirmed) was invalidated. I have two remaining Elliott wave counts. Summary: The target for the main wave count is now at 2,187. The target for the more bullish alternate...
by Lara | Apr 22, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but did not happen. Price remains below the invalidation point and has again found resistance exactly at the pink trend line. Summary: The mid term target is now at 2,006 and may be met in five sessions if subminuette wave iii exhibits...
by Lara | Apr 21, 2015 | S&P 500, S&P 500 + DJIA
Yesterday’s hourly chart expected Tuesday to begin with a little upwards movement to find resistance at the pink trend line, and thereafter it expected price to turn down. This is exactly what happened. Summary: The mid term target remains at 2,000 and may be...
by Lara | Apr 20, 2015 | S&P 500, S&P 500 + DJIA |
The hourly chart expected some upwards movement for another second wave correction in the short term. This unfolded on Monday. Summary: The mid term target remains at 2,000 and may be met in another five or ten sessions if minuette wave (iii) totals a Fibonacci eight...
by Lara | Apr 17, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected and showed up at the end of the week, with an increase in volume which was also expected. Summary: The small channel on the hourly chart is breached, and a new low below 2,083.24 adds confidence to the idea that the S&P has begun a...
by Lara | Apr 16, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Price drifted sideways to complete a small red doji, and continues to find strong resistance at the trend line. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be...
by Lara | Apr 15, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement invalidated the main hourly Elliott wave count, but fits the alternate. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be downwards. I expect downwards movement to 2,000, but the upwards...
by Lara | Apr 13, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Monday. A red candlestick fits the main Elliott wave count nicely. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be downwards. I expect downwards movement to 1,995 has...
