by Lara | Jan 28, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for the main Elliott wave count and upwards movement was expected for the alternate. Summary: I expect downwards movement at least to start tomorrow’s session. If the blue 2-4 trend line on the alternate chart is not breached, and...
by Lara | Jan 23, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected for Friday’s session. The Elliott wave counts remain mostly the same. Summary: Downwards movement is expected in the short term for both wave counts. If downwards movement breaches 1,988.12 the alternate bull wave count will be...
by Lara | Jan 22, 2015 | S&P 500, S&P 500 + DJIA |
A new low was expected to begin the session. The upwards trend should have resumed. Summary: In the short term either this sideways correction is incomplete (main wave count) or one last final high will be seen before a primary degree trend change (alternate wave...
by Lara | Jan 20, 2015 | S&P 500, S&P 500 + DJIA
Generally speaking the S&P 500 unfolded towards the upside as expected. However, the latest upwards movement did not unfold in a five wave structure, and is clearly corrective and that suggests that the structure we have been following is still incomplete....
by Lara | Jan 16, 2015 | S&P 500, S&P 500 + DJIA
The S&P 500 continued its range bound movement. Two points became even clearer by today`s price action. First, the S&P 500 has been going through a consolidation phase. Second, this consolidation phase has more to offer and still is incomplete. Summary:...
by Lara | Jan 15, 2015 | S&P 500, S&P 500 + DJIA
Sideways movement had the upper hand on Thursday`s session, That part was expected but also we expected short term upwards correction to take place before resuming downwards movement. Today`s price action suggests that this might not be the case. Summary:...
by Lara | Jan 12, 2015 | S&P 500, S&P 500 + DJIA |
A new low was expected to begin the session. The upwards trend should have resumed. Summary: The short term target is at 2,139. A new high above 2,113.43 would provide price confirmation that the bull market will continue for a little longer, and would provide...
by Lara | Jan 9, 2015 | S&P 500, S&P 500 + DJIA |
A slight new high signaled the completion of the first subdivision within minuette wave (iii) and price spent the rest of the day within a downwards correction that has more to offer towards the downside. Summary: The general direction remains up. On Monday`s session...
by Lara | Jan 8, 2015 | S&P 500, S&P 500 + DJIA
Impulsive upwards movement was expected within minuette wave (iii) and the upwards trend has most likely resumed. Summary: The overall theme for today is that direction is still up. Upwards momentum should increase over the next few days and price must make new highs...
