by Lara | Nov 2, 2016 | S&P 500, S&P 500 + DJIA |
Yesterday’s main and alternate Elliott wave counts expected more downwards movement. This is what happened. The target for the main Elliott wave count remains the same. Summary: A green daily candlestick or a doji may unfold tomorrow as a fourth wave correction...
by Lara | Nov 1, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but this is not what happened. The main Elliott wave count was invalidated below 2,111.05 and the alternate Elliott wave count was confirmed. At that stage, only the alternate wave count remained. The target for that wave count remains...
by Lara | Oct 29, 2016 | S&P 500, S&P 500 + DJIA |
A new low below 2,130.19 invalidated the main hourly Elliott wave count and confirmed the alternate hourly Elliott wave count. At that stage, downwards movement was expected to move slightly below 2,124.43, finding support at the lilac trend line. Price found its low...
by Lara | Sep 7, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Price continues to move sideways within a clearly defined trading range. Summary: While price remains below 2,193.42, it is still likely that a final small wave down will end the consolidation. A new high reasonably above 2,193.42 would indicate that the consolidation...
by Lara | Aug 20, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected for Friday’s session. Price moved overall sideways, the low remaining comfortably above the invalidation point on the hourly Elliott wave chart. Summary: The trend remains the same, until proven otherwise. Assume the trend is...
by Lara | Aug 16, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was unexpected and invalidated the hourly Elliott wave count. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. In the short term, expect a small correction to end about 2,162 –...
by Lara | Jul 28, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Thursday’s session. Overall, price moved higher to print a green daily candlestick. Summary: In the short term, an upwards swing should take price back up to about 2,175 or a little above. Thereafter, the wave counts diverge....
by Lara | Jul 27, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday’s session. Price whipsawed, invalidating both hourly Elliott wave counts, and closed only a little below the open for the day to overall move sideways. Summary: In the short term, an upwards swing should take price...
by Lara | Jul 12, 2016 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
A new all time high was not expected for the bear Elliott wave count. The only Elliott wave count now viable (that I can find) is bullish. Summary: In the short term, a little more upwards movement to a target at 2,146 may then be followed by a few days of downwards...
