by Lara | Jun 26, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave count expected downwards movement towards a short term target. Price has moved lower producing a red candlestick, and the channel on the hourly chart may be providing some resistance to upwards movement. Summary: A new low below 1,925.78...
by Lara | May 30, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was again expected. Movement remains contained within the small channel on the hourly chart. The target remains the same. Summary: Upwards movement is incomplete. The target is at 1,939 to 1,940 and this may be met in two more days / sessions. Upwards...
by Lara | May 5, 2014 | S&P 500, S&P 500 + DJIA |
The small correction that I had considered complete wasn’t, and price moved lower. Thereafter, towards the end of Monday’s session (still incomplete at the time of publication), upwards movement had resumed. Summary: It looks like upwards movement will...
by Lara | Mar 20, 2014 | S&P 500, S&P 500 + DJIA |
Price has moved lower as expected. The wave count remains the same. Summary: I expect price to move below 1,839.47 tomorrow or the day after. I may be able to calculate a target for a third wave to end after tomorrow’s session for you. At this stage I still...
by Lara | Jan 15, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
Yesterday’s analysis expected upwards movement for Tuesday which is exactly what has happened. It is time again to take a look at the big picture. Click on the charts below to enlarge. Main Bearish Wave Count. If the correction is not over then it is unfolding...
by Lara | Dec 14, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Last analysis expected some upwards movement towards a short term target at 1,791 before more downwards movement. This is not what happened. Price moved sideways and a little lower in a quiet session for Friday the 13th. The wave counts remain the same. It is time to...
by Lara | Dec 1, 2013 | S&P 500, S&P 500 + DJIA |
A new high for Friday was unexpected and breached the invalidation point on the hourly chart. Overall though it still looks most likely that a fourth wave is completing. The wave count is changed at the hourly chart level. Click on the charts below to enlarge. Main...