by Lara | Jul 6, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but did not happen. Price remains above the invalidation point on the hourly chart and has found support at the lower diagonal trend line on the daily chart. Summary: Upwards movement should continue overall for several days yet. A new...
by Lara | Jun 30, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
The wave count expected downwards movement. Although a slight new low was made, the day completed a green candlestick. Summary: We should always assume the trend remains the same until proven otherwise. I have a new wave count. The new wave count expects the ending...
by Lara | Jun 22, 2015 | S&P 500, S&P 500 + DJIA
The main Elliott wave count overall expected more upwards movement, but a short term move down to 2,103.67 was expected and did not happen. Summary: Overall more upwards movement is expected to a target at 2,185. This target may change when the calculation may be done...
by Lara | Jun 16, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement favours the bull Elliott wave count. Summary: There is zero confirmation of a trend change from bull to bear. The main wave count will therefore expect to see a continuation of the upwards trend; the target remains the same at 2,185, but the...
by Lara | Jun 10, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
The upwards movement, which was unexpected, invalidated the hourly alternate Elliott wave count. Summary: The main wave count is changed. It now expects a third wave up and requires confirmation with a new high above 2,134.72. The alternate expects a primary degree...
by Lara | May 30, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. I am changing the Elliott wave count though, because downwards momentum is weak and there has not been a clear five down on the hourly chart. Summary: I expect now one more upwards wave to 2,154. If this target is met it may flush out...
by Lara | May 21, 2015 | S&P 500, S&P 500 + DJIA |
Again upwards movement may be over, but confirmation is required. Summary: The trend channel on the hourly chart should be breached tomorrow, if there has been a trend change. While price remains within the channel on the hourly chart, it must be accepted that a...
by Lara | May 17, 2015 | S&P 500, S&P 500 + DJIA |
The target for a small third wave at 2,135 was not met although price did move higher. The Elliott wave count remains the same. Summary: Upwards movement should continue next week. The target may now be calculated at two wave degrees giving a small range of 2,135...
by Lara | Apr 13, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Monday. A red candlestick fits the main Elliott wave count nicely. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be downwards. I expect downwards movement to 1,995 has...
