by Lara | Dec 15, 2014 | S&P 500, S&P 500 + DJIA
This downwards movement was expected for all Elliott wave counts, and an increase in downwards momentum was also expected. Summary: The short / mid term target at 1,942 remains the same, and should be met this week. Click on charts to enlarge. Bull Wave Count I will...
by Lara | Dec 9, 2014 | S&P 500, S&P 500 + DJIA |
The S&P 500 has had a trend change at either minute, primary or cycle degree. Summary: We should always assume the trend remains the same, until proven otherwise. The trend is your friend. At this stage I will assume that a small second wave correction is...
by Lara | Dec 9, 2014 | S&P 500, S&P 500 + DJIA |
A little more upwards movement to 2,081 was expected before the market saw any downwards movement. This is not what happened. Summary: It is possible again that Monday saw a trend change. However, we should always assume the trend remains the same until proven...
by Lara | Dec 6, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected. Summary: A small ending contracting diagonal may be unfolding for the final fifth wave up. The target for it to end, probably on Monday, is at 1,281. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave...
by Lara | Dec 5, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
A new high fits the Elliott wave count nicely. Downwards movement along the way up remains above the invalidation point. Summary: One final small fifth wave is now all that is required to complete this structure at primary (bull count) or cycle degree (bear count)....
by Lara | Dec 4, 2014 | S&P 500, S&P 500 + DJIA |
A new high was expected. Price continues to move higher towards the target. Summary: One final small fifth wave is now all that is required to complete this structure at primary (bull count) or cycle degree (bear count). The target is now at 2,087 – 2,089. Click...
by Lara | Nov 26, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected with a new high, and the main hourly Elliott wave count had expected it was possible we could see another one to three red candlesticks on up to the target. Summary: The structure is still incomplete. I expect price to keep...
by Lara | Nov 25, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected. Summary: The structure is still incomplete. I expect price to keep rising. The next likely target is at 2,079. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both are viable and...
by Lara | Nov 16, 2014 | S&P 500, S&P 500 + DJIA
Sideways movement in a very small range for Friday leaves both the main and alternate Elliott wave counts exactly the same. Summary: A new high above 2,046.18 would confirm upwards movement should continue, and the first target is 2,049. If price keeps rising above...
