by Lara | Jan 7, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected, but with no confirmation that the upwards trend had resumed it was allowed for. Summary: A little more downwards movement to 1,989 may complete this correction. A breach of the channel on the hourly chart is still required before...
by Lara | Jan 6, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected, but with no confirmation that the upwards trend had resumed it was allowed for. Summary: A clear breach of the channel on the hourly chart is still required to confirm that the upwards trend has resumed. When we have this...
by Lara | Jan 3, 2015 | S&P 500, S&P 500 + DJIA
Price moved lower as expected to end at 2,047.01, right in the target zone at 2,049 – 2,047. Summary: The upwards trend should resume. This would be confirmed with a clear breach of the channel on the hourly chart. The short term target is at 2,121. Click on...
by Lara | Dec 31, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Downwards movement did not invalidate the Elliott wave count at the hourly chart level. Summary: Downwards movement may end about 2,049 – 2,047. Thereafter, upwards movement should resume. The mid term target remains at 2,138....
by Lara | Dec 30, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement invalidated yesterday’s hourly Elliott wave count. The structure is incomplete though, and the target should still be met. Summary: The mid term target is now widened to a zone at 2,132 – 2,138. This may be met now in another 4 or 12...
by Lara | Dec 29, 2014 | S&P 500, S&P 500 + DJIA
Lara had expected upwards movement to end about 2,132. Price drifted upwards and target is yet to be met. Summary: Upwards movement should continue to the mid term target at 2,132. The mid term target may be met in another 5 or 13 trading days. Click on charts to...
by Lara | Dec 24, 2014 | S&P 500, S&P 500 + DJIA
Again, upwards movement was expected. I warned yesterday that the short term target may be too optimistic, and it looks like it was. It will not be met… yet. The mid term target remains the same. Summary: In the short term I expect a small fourth wave correction...
by Lara | Dec 22, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected. Summary: The short term target is at 2,097 – 2,098. This may be met in one or two days. The mid term target is at 2,132. This may be met in 9 or 17 days time. Click on charts to enlarge. Bull Wave Count I will favor neither the...
by Lara | Dec 16, 2014 | S&P 500, S&P 500 + DJIA
This downwards movement was expected to extend further, but it was interrupted by a quick upwards movement that invalidated the hourly Elliott wave count before downtrend resumption. Summary: The short term target is at 1,958, and should be met in the next 24 hours....
