by Lara | Jun 18, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis of the S&P 500 expected a little more upwards movement to end between 1,945 and 1,950. We did see upwards movement, but it was much more than expected and breached the invalidation point on the hourly chart. Summary: In the...
by Lara | Jun 17, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis of SPX expected downwards movement towards a target at 1,912. This is not what happened. Upwards movement again has fallen short of the invalidation point. Summary: In the short term I expect a little upwards movement to end...
by Lara | Jun 12, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Yesterday I expected a little upwards movement to about 1,949.63 before more downwards movement, but this did not happen. Downwards movement just continued, but this does still fit the wave count. Summary: A very clear breach of the channel on the hourly chart gives...
by Lara | Jun 12, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected. A breach of the small channel on the hourly chart fives a little confidence in the wave count at least for the mid term outlook. Summary: In the short term tomorrow I expect to see a little upwards movement to end about 1,949.63....
by Lara | Jun 10, 2014 | S&P 500, S&P 500 + DJIA |
Price has moved lower as expected, but has not yet provided any confirmation of a trend change. The wave count for the S&P 500 today remains the same, but comes with the qualifier that it requires confirmation. Summary: We may have seen the end to upwards...
by Lara | Jun 9, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
A little upwards movement to the short term target at 1,955 may have completed the structure. I have a monthly and weekly chart for you today to look at divergence and RSI. Summary: We may have seen the end to upwards movement for the mid term. In the first instance I...
by Lara | Jun 7, 2014 | S&P 500, S&P 500 + DJIA |
Price moved a little higher, as I had accepted was possible. The trend line overshoot for the diagonal is looking very typical still. I expect the S&P 500 should move lower from here. The trend change is at least intermediate degree, and may be at primary degree....
by Lara | Jun 5, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement from the S&P 500 was expected. The Elliott wave structure may now be complete. The target has been slightly exceeded by 2.74 points. Summary: The pink trend line of the diagonal is slightly overshot and this has a very typical look. Movement...
by Lara | Jun 4, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected. The structure is incomplete and the trend line is still not met. Summary: Upwards movement is incomplete. The target is at 1,936 to 1,939 and this may be three more days away. Upwards movement may end when the upper i-iii pink trend line...
