by Lara | Jul 2, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday’s session. Price moved higher to complete a small green daily candlestick. Summary: In the short term, price may move yet a little higher early next week. Upwards movement looks to be very weak though, so it may end...
by Lara | May 5, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement was expected. A small red doji fits the expecatation for the session. Summary: The probability that the upwards wave is over and the next wave down has begun is very high indeed. If the bear wave count is right (and it is supported by technical...
by Lara | Apr 18, 2016 | S&P 500, S&P 500 + DJIA |
Overall upwards movement was expected for Monday’s session from the main Elliott wave count. This is what happened. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with a target just above 2,116.48. It may end...
by Lara | Mar 30, 2016 | S&P 500, S&P 500 + DJIA |
Again, upwards movement was expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. The target is 2,124. The invalidation point for this rally is 2,134.72. A short term target for a...
by Lara | Mar 29, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. The target is 2,124. The invalidation point for this rally is 2,134.72. To see last published monthly...
by Lara | Jan 4, 2016 | S&P 500, S&P 500 + DJIA |
There are three possibilities for downwards movement from the last major swing high of 3rd November. I have three daily charts looking at three possibilities. Summary: A downwards trend is still in place. The preferred bear wave count expects a big third wave is in...
by Lara | Dec 10, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement fits the scenario presented for the preferred hourly bear Elliott wave count. Summary: A third wave down is most likely in the early stages. The target is 1,997 for the short term. The trend is down. Use resistance lines to show where corrections...
by Lara | Dec 1, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement followed by a short upwards thrust was expected. This is somewhat what happened, but the Elliott wave triangle was invalidated. Summary: The trend is still down, but a bear market rally continues and is not done yet. It may end at the end of this...
by Lara | Nov 24, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. A green candlestick completed and price remains above the invalidation point on the hourly chart. Some downwards movement during the session was allowed for. Summary: The trend is still down, but a bear market rally continues and is not...
