by Lara | Sep 15, 2015 | S&P 500, S&P 500 + DJIA |
The correction continued another day, which was allowed for. The Elliott wave counts on the hourly chart are again reduced to two. Summary: Upwards movement remained below 1,988.63, so the triangle remains valid and still has the best overall look. The combination...
by Lara | Jun 3, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement was exactly what was expected for Wednesday’s session. The Elliott wave count remains the same. Summary: Sideways movement should continue tomorrow to complete a triangle, with a small downwards movement to most likely fall short of the lower...
by Lara | May 7, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected from yesterday’s Elliott wave analysis. This is exactly what happened. Summary: The wave count expects upwards movement to continue for at least another week. Only when the i-iii trend line of the diagonal is overshot would the wave...
by Lara | May 2, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was unexpected for Friday and invalidated the hourly Elliott wave count. Summary: Both bull and bear wave counts expect an ending contracting diagonal is close to completion. I have three hourly charts: two which see minute wave iv incomplete and one...
by Lara | Apr 27, 2015 | S&P 500, S&P 500 + DJIA |
Overall upwards movement was expected. Summary: The target for the main wave count is now at 2,187. The target for the more bullish alternate is first at 2,571. On the way up a new high above 2,253.79 would indicate the bull market should continue for longer, maybe...
by Lara | Apr 21, 2015 | S&P 500, S&P 500 + DJIA
Yesterday’s hourly chart expected Tuesday to begin with a little upwards movement to find resistance at the pink trend line, and thereafter it expected price to turn down. This is exactly what happened. Summary: The mid term target remains at 2,000 and may be...
by Lara | Apr 15, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement invalidated the main hourly Elliott wave count, but fits the alternate. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be downwards. I expect downwards movement to 2,000, but the upwards...
by Lara | Mar 17, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected towards the target. Another red candlestick looks like another second wave correction, and price remains above the invalidation point and above the lower blue trend line. Summary: The next short term target is at 2,111 for the end of...
by Lara | Feb 11, 2015 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Upwards movement was expected for Wednesday for both Elliott wave counts. Summary: The upwards trend should continue tomorrow. The short term target is either 2,098 (main wave count) or 2,133 (alternate wave count). I expect to see an increase in upwards momentum over...
