by Lara | Mar 17, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected towards the target. Another red candlestick looks like another second wave correction, and price remains above the invalidation point and above the lower blue trend line. Summary: The next short term target is at 2,111 for the end of...
by Lara | Mar 11, 2015 | S&P 500, S&P 500 + DJIA
A little downwards movement was expected for both hourly Elliott wave counts. Price is finding strong support at the lower blue 2-4 diagonal trend line, and at the lower aqua blue TA trend line. Summary: With price right at two trend lines providing support, how price...
by Lara | Mar 9, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement fits both Elliott wave counts. If upwards movement continues tomorrow the main Elliott wave count will be more likely. Summary: The main wave count expects another eleven days of upwards movement to a target at 2,153. First confirmation would come...
by Lara | Mar 5, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, and a small green candlestick is completing for Thursday’s session. Price is finding support at the lower edge of the channel on the hourly chart. Summary: I expect another thirteen days in total (give or take one or two either...
by Lara | Feb 28, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected but price moved lower, remaining just above the invalidation point which is very close by. Summary: Upwards movement may continue for four more sessions to reach 2,133. It is just possible that it is over, but this has a lower...
by Lara | Feb 26, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected, but price moved lower for the session to complete a red candlestick. The invalidation point was not breached. Summary: I expect more upwards movement to a target at 2,133. If it ends in another five sessions minor wave 5 may total a...
by Lara | Feb 25, 2015 | S&P 500, S&P 500 + DJIA
The session began with more upwards movement, but ended with a very small red candlestick. The Elliott wave count remains the same. Summary: I expect more upwards movement to a target at 2,133. It looks like it may take longer to get there. If it ends in another six...
by Lara | Feb 23, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected, but so far a small second wave correction is moving price slowly lower. The target remains the same. Summary: I expect more upwards movement to a target at 2,133. This may be reached this week. Click charts to enlarge. Bullish Wave Count...
by Lara | Feb 22, 2015 | S&P 500, S&P 500 + DJIA
Again, upwards movement was expected. The target remains the same. Summary: I expect more upwards movement to 2,133. This may end on Monday, but it looks now like it may need a little longer to get there and may end on Tuesday. Click charts to enlarge. Bullish Wave...
