by Lara | Jun 11, 2015 | S&P 500, S&P 500 + DJIA |
I have found a more acceptable bull Elliott wave count which sees the ending diagonal incomplete. Bull Wave Count Click chart to enlarge. The ending contracting diagonal may be incomplete. The diagonal is still contracting. Minute wave iii is shorter than minute wave...
by Lara | Mar 30, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected for Monday. The invalidation point remains intact although the target at 2,072 was comfortably passed. Summary: The main wave count now requires downwards movement which must subdivide as an impulse and should show an increase in...
by Lara | Mar 4, 2015 | S&P 500, S&P 500 + DJIA
Again, upwards movement was expected, but downwards movement breached the invalidation point (which was very close by) on the hourly Elliott wave count. Summary: This downwards movement looks like minute wave b within minor wave 5. This changes the target calculation....
by Lara | Feb 2, 2015 | S&P 500, S&P 500 + DJIA |
S&P started the day by moving towards the downside, increasing the confidence in the main count, but price reversed direction ending the day near its highs. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed...
by Lara | Dec 24, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was again expected. The upper edge of the black channel on the daily Elliott wave chart looks like it is again providing resistance. Summary: The short term target at 2,097 – 2,098 may be too optimistic. I expect another small green candlestick...
by Lara | Dec 2, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. The Elliott wave count remains the same. 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). The target is now at 2,087 – 2,089. Click on...
by Lara | Aug 2, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement continued as expected. The target at 1,922 – 1,921 was passed and exceeded by 4.63 points. I have two hourly Elliott wave counts for you today. Summary: It is most likely we shall see more downwards movement to begin the new trading week. The...
by Lara | Jul 19, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected for Friday’s session from last Elliott wave analysis. The main hourly wave count has the “right look”. Summary: I expect upwards movement from here towards 2,010. This may be met in another 23 trading days. Click on...
by Lara | Jun 23, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for Monday’s session. Price has moved sideways and slightly lower to complete a very small red doji candlestick. The Elliott wave structures still have a very typical look and the wave count remains the same. Summary: A new low...
