by Lara | Apr 7, 2015 | S&P 500, S&P 500 + DJIA |
A little upwards movement to a short term target at 2,092 was expected for a trend change and downwards movement. Price moved higher to begin the session reaching 2.19 points short of the target before turning strongly downwards. Summary: I expect a continuation of...
by Lara | Mar 29, 2015 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
Some upwards / sideways movement was expected for Friday’s session. Summary: The alternate wave count is now the main wave count. A little more upwards movement for Monday to about 2,072 should complete a small correction, and should be followed by downwards...
by Lara | Mar 11, 2015 | S&P 500, S&P 500 + DJIA
A little downwards movement was expected for both hourly Elliott wave counts. Price is finding strong support at the lower blue 2-4 diagonal trend line, and at the lower aqua blue TA trend line. Summary: With price right at two trend lines providing support, how price...
by Lara | Jan 28, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for the main Elliott wave count and upwards movement was expected for the alternate. Summary: I expect downwards movement at least to start tomorrow’s session. If the blue 2-4 trend line on the alternate chart is not breached, and...
by Lara | Dec 15, 2014 | S&P 500, S&P 500 + DJIA
This downwards movement was expected for all Elliott wave counts, and an increase in downwards momentum was also expected. Summary: The short / mid term target at 1,942 remains the same, and should be met this week. Click on charts to enlarge. Bull Wave Count I will...
by Lara | Nov 25, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected. Summary: The structure is still incomplete. I expect price to keep rising. The next likely target is at 2,079. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both are viable and...
by Lara | Nov 16, 2014 | S&P 500, S&P 500 + DJIA
Sideways movement in a very small range for Friday leaves both the main and alternate Elliott wave counts exactly the same. Summary: A new high above 2,046.18 would confirm upwards movement should continue, and the first target is 2,049. If price keeps rising above...
by Lara | Nov 7, 2014 | S&P 500, S&P 500 + DJIA
The target at 2,035 has almost been met. This structure may now be complete. Summary: The main wave count will now expect downwards movement, and would be confirmed below 1,820.66. The alternate bull wave count will expect a small second wave correction to not move...
by Lara | Sep 29, 2014 | S&P 500, S&P 500 + DJIA
Click on chart to enlarge. Alternate Wave Count It has been suggested that the S&P 500 may not be able to make new highs in the near future, because some technical indicators are predicting a big trend change and a reasonable drop at this point. I wanted to show...
