by Lara | Nov 10, 2014 | S&P 500, S&P 500 + DJIA
A red candlestick was expected for Monday. This is not what happened. Summary: The target for upwards movement to end is 2,049. This may be met in one to three days. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both...
by Lara | Nov 7, 2014 | S&P 500, S&P 500 + DJIA
The target at 2,035 has almost been met. This structure may now be complete. Summary: The main wave count will now expect downwards movement, and would be confirmed below 1,820.66. The alternate bull wave count will expect a small second wave correction to not move...
by Lara | Nov 7, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick was expected and fits both Elliott wave counts perfectly. Summary: The first target for this upwards movement to end is at 2,035. If price keeps going up through this first target the next target is at 2,191, although this has a low...
by Lara | Nov 5, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement continued and a green candlestick fits the Elliott wave count perfectly. The target remains the same, but I am adding a second (lower probability) target for you today. Summary: The first target for this upwards movement to end is at 2,035. If price...
by Lara | Nov 5, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement remained above the invalidation point on the Elliott wave hourly chart. The structure is slightly changed and the target is recalculated. I am swapping the bull and bear wave counts over again, although I would prefer to not favour one or the other...
by Lara | Oct 30, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Downwards movement was expected, but both hourly Elliott wave counts were invalidated with movement above 1,991.40. Summary: The upwards structure is again incomplete. The target for more upwards movement to end is 2,012. If we see a new high above 2,019.26 the main...
by Lara | Oct 29, 2014 | S&P 500, S&P 500 + DJIA
A little upwards movement was expected, but the first target at 1,999 has not been met. Note: Unfortunately, my desktop and laptop died in the last 24 hours (maybe it was that lightning strike?). So I am using a borrowed laptop, but it does not yet have the recording...
by Lara | Oct 28, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected more upwards movement which is what has happened. Summary: The structure is incomplete. The target is at either 1,999 or 2,012. Upwards movement should continue tomorrow. Click on charts to enlarge. Bearish Wave Count...
by Lara | Oct 27, 2014 | S&P 500, S&P 500 + DJIA
A little more upwards movement was expected, but price is moving sideways. Summary: A fourth or B wave triangle is almost complete. One final upwards wave should follow to either 1,975 or 2,012. The lower target looks more likely as the upper aqua blue line looks like...