by Lara | Jun 4, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Price made a lower high and a lower low for the session. Summary: Downwards movement is still expected for next week; a first wave down is unfolding. The mid term target at 1,916 may be met in another 20 sessions. The long term target...
by Lara | May 17, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected from the main hourly Elliott wave count, which is what happened. Summary: The hourly wave counts are swapped over today. The new main count expects downwards movement to accelerate this week, with a short term target at 1,988 and a long...
by Lara | Apr 28, 2016 | S&P 500, S&P 500 + DJIA |
Another small range day for another doji, now four in a row. The squeeze on price should be over very shortly. Summary: The possibility of new highs will remain while price remains above 2,039.74. A breach of the support line at the daily chart level would indicate a...
by Lara | Mar 7, 2016 | S&P 500, S&P 500 + DJIA |
A small inside day fits both Elliott wave counts. Summary: Confirmation that the correction is over is required with a new low below 1,962.96. Upwards movement may continue while price remains above this point. A low below 1,962.96 by any amount at any time frame...
by Lara | Jan 25, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement fits the Elliott wave count. Price remains below the invalidation point. This bounce is so far unfolding as expected. Summary: This bounce is either another second wave correction or a fourth wave correction, and it should continue for a further...
by Lara | Jan 14, 2016 | S&P 500, S&P 500 + DJIA |
A new low below 1,901.10 confirmed a third wave down was unfolding. Thereafter, price continued lower. Summary: The trend is definitely down. The middle of a huge third wave is close and has not yet passed. The new target is 1,655. The invalidation point is relatively...
by Lara | Oct 6, 2015 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected for Monday. Price reached well above the target. Summary: I’ve taken a big step back today to look at the bigger picture, resulting in a changed wave count. I am still confident the S&P remains in a bear market because of...
by Lara | Sep 25, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis expected for Friday’s session a little upwards movement to end about 1,951. Price moved higher to start the session, reaching up to 1,952.89, before turning lower to complete a small red candlestick. Summary: I expect to...
by Lara | Sep 16, 2015 | S&P 500, S&P 500 + DJIA |
The triangle was invalidated with upwards movement leaving only one hourly wave count. I have a new idea at the hourly chart level for you today. Summary: The Dead Cat Bounce continues and is still most likely a fourth wave correction, which is more likely to end...
