by Lara | Jan 8, 2015 | S&P 500, S&P 500 + DJIA
Impulsive upwards movement was expected within minuette wave (iii) and the upwards trend has most likely resumed. Summary: The overall theme for today is that direction is still up. Upwards momentum should increase over the next few days and price must make new highs...
by Lara | Jan 7, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected, but with no confirmation that the upwards trend had resumed it was allowed for. Summary: A little more downwards movement to 1,989 may complete this correction. A breach of the channel on the hourly chart is still required before...
by Lara | Dec 16, 2014 | S&P 500, S&P 500 + DJIA
This downwards movement was expected to extend further, but it was interrupted by a quick upwards movement that invalidated the hourly Elliott wave count before downtrend resumption. Summary: The short term target is at 1,958, and should be met in the next 24 hours....
by Lara | Dec 5, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
A new high fits the Elliott wave count nicely. Downwards movement along the way up remains above the invalidation point. Summary: One final small fifth wave is now all that is required to complete this structure at primary (bull count) or cycle degree (bear count)....
by Lara | Aug 25, 2014 | S&P 500, S&P 500 + DJIA
The upwards trend resumed for Monday as expected. The first target has a good probability. Summary: We may see a small red doji candlestick tomorrow for another small fourth wave correction. Overall this structure is incomplete and price should continue upwards for a...
by Lara | Jul 26, 2014 | S&P 500, S&P 500 + DJIA |
I had expected more upwards movement to a target at 2,009.86. This is not what happened. Movement below 1,979.91 invalidated the main hourly Elliott wave count. Summary: Another fourth wave correction may have arrived on Friday. This would be confirmed with movement...
by Lara | Jun 17, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis of SPX expected downwards movement towards a target at 1,912. This is not what happened. Upwards movement again has fallen short of the invalidation point. Summary: In the short term I expect a little upwards movement to end...
by Lara | May 21, 2014 | S&P 500, S&P 500 + DJIA |
A clear breach of the small channel on the hourly chart indicates that the third wave has begun. The target remains the same. Summary: The target for the next wave down is 1,822. This target should be met early to mid next week. I expect to see a strong increase in...
by Lara | Apr 23, 2014 | S&P 500, S&P 500 + DJIA
With price drifting sideways in a narrow range the wave counts all remain the same. Summary: A third wave downwards may have begun. It is either a third wave within an impulse, or a third wave of an ending expanding diagonal. I still want to see the channel on the...
