by Lara | Aug 31, 2016 | S&P 500, S&P 500 + DJIA |
Overall downwards movement was expected. Summary: Overall, this week and maybe also next week should continue with downwards movement to end about 2,147.58. Downwards movement may be choppy, overlapping, and take its time. Last monthly chart for the main wave count is...
by Lara | Aug 10, 2016 | S&P 500, S&P 500 + DJIA |
In the short term, some downwards movement was expected for Wednesday’s session, which is exactly what happened. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. In the short term, tomorrow may...
by Lara | Apr 16, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
A little downwards movement was expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with a target just above 2,116.48. It may end next week. The upwards trend is very weak. To see last published monthly charts...
by Lara | Mar 28, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price made a new high prior to the last trading day and closed above the last open. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. The target is 2,124. The...
by Lara | Mar 14, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price made a slight new high. Summary: The short / mid term trend remains up while price remains above 1,969.25. The target is 2,086 – 2,088. When the next impulse is over, then how low the following wave down goes will indicate...
by Lara | Feb 25, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. An alternate Elliott wave count allowed for some more upwards movement. Summary: Upwards movement is still more likely over than not, but this is unconfirmed. A new low below 1,891 and below the channel on the hourly chart would...
by Lara | Jan 9, 2016 | S&P 500, S&P 500 + DJIA |
The first target for a short term interruption to the trend at 1,919 was met on Friday. Summary: This is not the end of the third wave yet although the short term target at 1,919 was met. The lower second target at 1,818 will be used. Downwards movement should...
by Lara | Jan 5, 2016 | S&P 500, S&P 500 + DJIA |
Again, there are three possibilities for downwards movement from the last major swing high of 3rd November. Again, I have three daily charts looking at three possibilities. Summary: A downwards trend is still in place. The preferred bear wave count expects a big third...
by Lara | Dec 23, 2015 | S&P 500, S&P 500 + DJIA |
A quick update of the preferred bear wave count at the hourly chart level only. My CMT ethics guidelines require me to notify members of any opportunity I see before I take advantage of it myself. If the bear wave count is right and a leading expanding diagonal is...
