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...
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...