by Lara | Apr 22, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but did not happen. Price remains below the invalidation point and has again found resistance exactly at the pink trend line. Summary: The mid term target is now at 2,006 and may be met in five sessions if subminuette wave iii exhibits...
by Lara | Apr 16, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Price drifted sideways to complete a small red doji, and continues to find strong resistance at the trend line. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be...
by Lara | Apr 11, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued, but remains below the invalidation point. Last Elliott wave analysis expected downwards movement to begin. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be downwards. I expect...
by Lara | Feb 25, 2015 | S&P 500, S&P 500 + DJIA
The session began with more upwards movement, but ended with a very small red candlestick. The Elliott wave count remains the same. Summary: I expect more upwards movement to a target at 2,133. It looks like it may take longer to get there. If it ends in another six...
by Lara | Feb 12, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected again for both Elliott wave counts. Summary: The upwards trend should continue tomorrow. The short term target is either 2,098 or 2,118. Click charts to enlarge. Bullish Wave Count Upwards movement from the low at 666.79 subdivides as an...
by Lara | Feb 6, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected to a short term target at 2,080. Price did move higher to reach 2,072.40 before turning back down. Summary: In the short term for Monday I expect more downwards movement for a correction. This may end at either 2,051 or 2,015. Click on...
by Lara | Jan 16, 2015 | S&P 500, S&P 500 + DJIA
The S&P 500 continued its range bound movement. Two points became even clearer by today`s price action. First, the S&P 500 has been going through a consolidation phase. Second, this consolidation phase has more to offer and still is incomplete. Summary:...
by Lara | Dec 22, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected. Summary: The short term target is at 2,097 – 2,098. This may be met in one or two days. The mid term target is at 2,132. This may be met in 9 or 17 days time. Click on charts to enlarge. Bull Wave Count I will favor neither the...
by Lara | Dec 9, 2014 | S&P 500, S&P 500 + DJIA |
A little more upwards movement to 2,081 was expected before the market saw any downwards movement. This is not what happened. Summary: It is possible again that Monday saw a trend change. However, we should always assume the trend remains the same until proven...
