by Lara | Mar 21, 2015 | S&P 500, S&P 500 + DJIA
The correction was already complete. Upwards movement continued. Summary: The mid term target remains the same at 2,178 for primary wave 3 (or cycle wave b for the bear wave count) to end. Upwards movement should not end until the upper blue 1-3 trend line on the...
by Lara | Feb 28, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected but price moved lower, remaining just above the invalidation point which is very close by. Summary: Upwards movement may continue for four more sessions to reach 2,133. It is just possible that it is over, but this has a lower...
by Lara | Feb 17, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected again for both Elliott wave counts. Summary: I am swapping over the main and alternate bullish wave counts today. I expect a continuation of upwards movement to a target at 2,133 for a few days. Click charts to enlarge. Bullish Wave Count...
by Lara | Jan 22, 2015 | S&P 500, S&P 500 + DJIA |
A new low was expected to begin the session. The upwards trend should have resumed. Summary: In the short term either this sideways correction is incomplete (main wave count) or one last final high will be seen before a primary degree trend change (alternate wave...
by Lara | Jan 6, 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 clear breach of the channel on the hourly chart is still required to confirm that the upwards trend has resumed. When we have this...
by Lara | Oct 7, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Although some downwards movement was expected for Tuesday’s session, the target at 1,950 was comfortably passed. Summary: The correction is not yet over and price should continue a little lower tomorrow. If it breaks below 1,926.03 the wave count changes...
by Lara | Sep 13, 2014 | S&P 500, S&P 500 + DJIA
The main hourly Elliott wave count expected more downwards movement which is what happened during Friday’s session. Both wave counts remain valid. Summary: Minute wave iv has now lasted six days and should continue for at least two more weeks. Overall, minute...
by Lara | Aug 21, 2014 | S&P 500, S&P 500 + DJIA
Price moved higher fitting yesterday’s alternate wave count better, but not quite enough for confirmation. When looking at the daily charts for the “right look” and trend lines, I decided to swap over the main and alternate Elliott wave counts....
by Lara | Jul 11, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis had allowed for a correction for a small second wave to show up as a doji or green candlestick, and so the green candlestick for Wednesday’s session was anticipated. The Elliott wave count remains the same. Summary: I expect downwards...