by Lara | Nov 5, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement remained above the invalidation point on the Elliott wave hourly chart. The structure is slightly changed and the target is recalculated. I am swapping the bull and bear wave counts over again, although I would prefer to not favour one or the other...
by Lara | Oct 9, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement for Thursday’s session was expected. Summary: It is most likely that intermediate wave (1) or cycle wave b (for the bearish wave count) is over. In the short term I expect a little more downwards movement to 1,918, then upwards movement to a...
by Lara | Sep 25, 2014 | S&P 500, S&P 500 + DJIA
Price began the session with a little downwards movement. This is enough to complete the Elliott wave structure. Now a trend change needs to be confirmed. Summary: The fourth wave correction may be over. The fifth wave may have begun and the first target is 2,105. A...
by Lara | Sep 18, 2014 | S&P 500, S&P 500 + DJIA
The short term target for Wednesday’s session was 2009. This was reached and exceeded by 1.74 points. Summary: Tomorrow should see more downwards movement and a red candlestick. This may be either wave C of a flat correction or wave C of a triangle. Overall,...
by Lara | Aug 26, 2014 | S&P 500, S&P 500 + DJIA |
I had expected a small red doji for Tuesday’s session. We have something quite close to that, a small green gravestone doji. Summary: In the short term tomorrow I expect the session to begin lower to 1,995. Thereafter, the upwards trend should resume. Overall...
by Lara | Jul 2, 2014 | S&P 500, S&P 500 + DJIA
The alternate daily Elliott wave count was confirmed with movement above 1,973.72. I have just the one wave count for you today. Summary: Upwards movement is not over. But for the short term I expect to see a small fourth wave correction. It should move lower, the...
by Lara | Jun 18, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis of the S&P 500 expected a little more upwards movement to end between 1,945 and 1,950. We did see upwards movement, but it was much more than expected and breached the invalidation point on the hourly chart. Summary: In the...
by Lara | Jun 4, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected. The structure is incomplete and the trend line is still not met. Summary: Upwards movement is incomplete. The target is at 1,936 to 1,939 and this may be three more days away. Upwards movement may end when the upper i-iii pink trend line...
by Lara | May 22, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement invalidated the hourly wave count. Overall the wave count remains mostly the same, with upwards movement a continuation of a second wave correction which is now a clear three on the daily chart. Summary: Tomorrow may begin with a small amount of...