by Lara | Oct 21, 2014 | S&P 500, S&P 500 + DJIA
I had expected a red candlestick for Tuesday’s session which is not what happened. I have a new wave count for you today. Summary: The situation is unclear. I still favour a bearish wave count, but it is possible we may see a new high before the market turns. In...
by Lara | Oct 20, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Downwards movement was expected. Upwards movement remains below the invalidation point. Summary: I expect downwards movement and a red candlestick for Tuesday’s session for a fifth wave which should be 93.23 points in length. If upwards movement breaches...
by Lara | Oct 18, 2014 | S&P 500, S&P 500 + DJIA
A little upwards movement to 1,880 was expected. Price moved a lot higher than this though, exceeding the target by 18.16 points. Summary: I expect downwards movement and a red candlestick for Monday’s session to a target at 1,805. If upwards movement breaches...
by Lara | Oct 15, 2014 | S&P 500, S&P 500 + DJIA
A green candlestick was expected for Tuesday’s session which is exactly what happened. We have a green doji candlestick. Summary: I expect downwards movement tomorrow. The target for the bull wave count is at 1,866. The target for the bear wave count is at...
by Lara | Oct 14, 2014 | S&P 500, S&P 500 + DJIA
The target for the main Elliott wave count for downwards movement at 1,884 has been comfortably exceeded. The bearish wave count looks like it may be correct, but there is no confirmation of a huge trend change at this time. Summary: If the bull wave count is correct...
by Lara | Oct 13, 2014 | DJIA, S&P 500 + DJIA
Click on charts to enlarge. Bullish Wave Count Bearish Wave Count
by Lara | Oct 10, 2014 | S&P 500, S&P 500 + DJIA
I had expected only a little downwards movement to 1,918. Price has moved comfortably below that target. Summary: If the bull wave count is correct then intermediate wave (2) must be nearing completion. The target is 1,884. If the bear wave count is correct then a...
by Lara | Oct 9, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement for Thursday’s session was expected. Summary: It is most likely that intermediate wave (1) or cycle wave b (for the bearish wave count) is over. In the short term I expect a little more downwards movement to 1,918, then upwards movement to a...
by Lara | Oct 7, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Although some downwards movement was expected for Tuesday’s session, the target at 1,950 was comfortably passed. Summary: The correction is not yet over and price should continue a little lower tomorrow. If it breaks below 1,926.03 the wave count changes...
