by Lara | Dec 26, 2014 | S&P 500, S&P 500 + DJIA
I had expected a small correction to show on the daily Elliott wave chart and end about 2,065.04. It did unfold, but it was very brief and ended only at 2,081.86. Summary: Upwards movement should continue to the mid term target at 2,132. The mid term target may be met...
by Lara | Dec 18, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected a little more downwards movement to 1,958 before a trend change. This is not what happened. Price has moved higher. Summary: The wave counts now diverge. A new high above 2,034.17 would confirm the bull market is...
by Lara | Nov 17, 2014 | S&P 500, S&P 500 + DJIA
Sideways movement in a very small range for Monday 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 | Aug 6, 2014 | S&P 500, S&P 500 + DJIA |
Price moved to a slight new low to touch the midline of the parallel channel on the hourly chart, exactly as expected. The Elliott wave count remains the same. Summary: I expect that a low degree B wave has just begun and may take about one to one and a half weeks to...
by Lara | Jul 23, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected from yesterday’s Elliott wave analysis. The wave count remains the same. Summary: The target at 2,010 may be met in about two weeks time. Upwards movement should continue from here. Click on charts to enlarge. The aqua blue trend...
by Lara | May 31, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was again expected. Momentum is slowing which was also expected. Summary: Upwards movement is incomplete. The target is at 1,939 to 1,940 and this may be met in one or possibly two more days. Upwards movement is most likely to end when the upper i-iii...
by Lara | May 17, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement for Friday was not expected. I had expected Friday to see more downwards movement. A second wave correction had already arrived. Summary: In the short term a second wave correction may be over. When the small channel on the hourly chart containing it...
by Lara | Apr 2, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continued just a little higher as expected for Wednesday’s session. The target at 1,890 to 1,891 was reached and passed. The maximum expected limit at 1,894 has not been exceeded, yet. Summary: It is likely now that upwards movement has ended...
by Lara | Mar 21, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected downwards movement which is not what happened. The wave count at the hourly chart level is slightly changed. Summary: I am expecting tomorrow to begin with a very little more upwards movement towards a target at 1,877, and...
