by Lara | Aug 4, 2014 | S&P 500, S&P 500 + DJIA
Last Elliott wave analysis had expected downwards movement to a short term target at 1,914 and the alternate expected upwards movement. Price moved upwards. Summary: I expect a new low below 1,916.37 is likely tomorrow. That would complete the A wave of this...
by Lara | Jul 22, 2014 | S&P 500, S&P 500 + DJIA
Price remains above the invalidation point on the hourly chart. Downwards movement for Monday’s session was expected for a small second wave correction within the Elliott wave count. Summary: I expect overall upwards movement from here towards 2,010. This may be...
by Lara | Apr 15, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected Tuesday to begin with a little upwards movement to complete a small second wave correction. The target was 1,835.63. Price did move higher, but more than expected, to reach 1,844.02 so far. Summary: It is most likely we shall see...
by Lara | Apr 1, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement invalidated the hourly wave count yet again. I have been struggling with the wave count for the S&P 500 over the last four weeks. Today I think I have found the answer as to why. Summary: Minor wave B is incomplete and should move higher. The...
by Lara | Mar 19, 2014 | S&P 500, S&P 500 + DJIA |
Last analysis was invalidated by upwards movement. The wave count is changed. Summary: Simple trend lines indicate the trend remains down. None of the major indexes have made new highs. The trend remains down at minor degree. I am expecting more downwards movement....
by Lara | Mar 5, 2014 | S&P 500, S&P 500 + DJIA |
Price has moved sideways in a very small range to complete a small red doji. Because a slight new high was made the wave count is changed slightly. Summary: The situation is unclear but in the bigger picture I still favour the idea that we should see overall downwards...
by Lara | Feb 17, 2014 | S&P 500, S&P 500 + DJIA |
This update is in response to the persistent insistence that the S&P 500 will make new highs. I tend to think that because this insistence, after 4 years and 11 months of a bull market, is so strong and so persistent, that it is therefore most likely wrong. At...
by Lara | Feb 4, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
Movement below 1,770.45 has confirmed a trend change. The downwards trend is either a new cycle degree wave, or an intermediate degree correction. The wave count remains the same. Summary: The mid term picture is now clearer. Overall downwards movement is incomplete...
by Lara | Jan 17, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday I expected Friday to move price lower and a red candlestick to complete for Friday’s session. This is what has happened, and the structure on the hourly chart is completing as it was labeled yesterday. Click on the charts below to enlarge. Main Bearish...
