by Lara | Nov 17, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to end about 2,061. Price moved higher to reach 2,066.69 and turned downwards from there to complete a red doji. Summary: The trend is still down. Tomorrow’s target is 2,018. If this is wrong, it may not be low enough. Bear markets...
by Lara | Oct 29, 2015 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected. Price moved slightly higher and mostly sideways to complete very small green doji. Summary: The final target now calculated at two wave degrees is 2,107. This may be met tomorrow, and it may end the bear market rally. To see how...
by Lara | Oct 20, 2015 | S&P 500, S&P 500 + DJIA |
A channel breach indicates the zigzag is complete. Targets may now be calculated for the next wave. Summary: Both wave counts now expect downwards movement for at least a few days. The target for the bear wave count is 1,778. The bull wave count may see a zigzag down...
by Lara | Aug 15, 2015 | S&P 500, S&P 500 + DJIA |
Friday’s session remained within the range of the prior day. Summary: The analysis remains exactly the same. The first wave count is looking slightly more likely at this stage, but is unconfirmed. It now expects very strong downwards movement, which must unfold...
by Lara | Aug 10, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Monday. Summary: The first wave count expects upwards movement to end at 2,119 when price touches the upper edge of the channel on the hourly chart. The second wave count expects an upwards trend has resumed to new all time highs. A...
by Lara | Aug 4, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Price moved sideways in a narrower range than the day before, but completed a red candlestick. Summary: For the short term, a little upwards movement at least to about 2,119 is still expected. It may end in another one to three days. A new high above 2,132.82 would...
by Lara | Jul 22, 2015 | S&P 500, S&P 500 + DJIA |
As expected from yesterday’s two Elliott wave counts and regular technical analysis, price continued to move lower. Summary: A new low below 2,044.02 now would provide a lot of confidence in the first wave count, the target would be at 1,983. A new all time high...
by Lara | Jul 16, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued, which was not expected for the main Elliott wave count. However, price has remained below the invalidation point and below the upper trend line which should provide resistance. Summary: The main wave count still expects a strong third wave...
by Lara | Jul 10, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for Friday, but it did not happen. Upwards movement remains below the invalidation point and within the recent zone of resistance. Summary: Monday is highly likely to see some upwards movement, at least a little above 2,085.06, with the...