by Lara | May 30, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. I am changing the Elliott wave count though, because downwards momentum is weak and there has not been a clear five down on the hourly chart. Summary: I expect now one more upwards wave to 2,154. If this target is met it may flush out...
by Lara | May 21, 2015 | S&P 500, S&P 500 + DJIA |
Again upwards movement may be over, but confirmation is required. Summary: The trend channel on the hourly chart should be breached tomorrow, if there has been a trend change. While price remains within the channel on the hourly chart, it must be accepted that a...
by Lara | May 17, 2015 | S&P 500, S&P 500 + DJIA |
The target for a small third wave at 2,135 was not met although price did move higher. The Elliott wave count remains the same. Summary: Upwards movement should continue next week. The target may now be calculated at two wave degrees giving a small range of 2,135...
by Lara | Apr 13, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Monday. A red candlestick fits the main Elliott wave count nicely. 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 1,995 has...
by Lara | Apr 7, 2015 | S&P 500, S&P 500 + DJIA |
A little upwards movement to a short term target at 2,092 was expected for a trend change and downwards movement. Price moved higher to begin the session reaching 2.19 points short of the target before turning strongly downwards. Summary: I expect a continuation of...
by Lara | Mar 29, 2015 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
Some upwards / sideways movement was expected for Friday’s session. Summary: The alternate wave count is now the main wave count. A little more upwards movement for Monday to about 2,072 should complete a small correction, and should be followed by downwards...
by Lara | Mar 11, 2015 | S&P 500, S&P 500 + DJIA
A little downwards movement was expected for both hourly Elliott wave counts. Price is finding strong support at the lower blue 2-4 diagonal trend line, and at the lower aqua blue TA trend line. Summary: With price right at two trend lines providing support, how price...
by Lara | Jan 28, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for the main Elliott wave count and upwards movement was expected for the alternate. Summary: I expect downwards movement at least to start tomorrow’s session. If the blue 2-4 trend line on the alternate chart is not breached, and...
