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 | Feb 22, 2015 | S&P 500, S&P 500 + DJIA
Again, upwards movement was expected. The target remains the same. Summary: I expect more upwards movement to 2,133. This may end on Monday, but it looks now like it may need a little longer to get there and may end on Tuesday. Click charts to enlarge. Bullish Wave...
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...
by Lara | Jan 9, 2015 | S&P 500, S&P 500 + DJIA |
A slight new high signaled the completion of the first subdivision within minuette wave (iii) and price spent the rest of the day within a downwards correction that has more to offer towards the downside. Summary: The general direction remains up. On Monday`s session...
by Lara | Dec 31, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Downwards movement did not invalidate the Elliott wave count at the hourly chart level. Summary: Downwards movement may end about 2,049 – 2,047. Thereafter, upwards movement should resume. The mid term target remains at 2,138....
by Lara | Dec 15, 2014 | S&P 500, S&P 500 + DJIA
This downwards movement was expected for all Elliott wave counts, and an increase in downwards momentum was also expected. Summary: The short / mid term target at 1,942 remains the same, and should be met this week. Click on charts to enlarge. Bull Wave Count I will...
by Lara | Nov 25, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected. Summary: The structure is still incomplete. I expect price to keep rising. The next likely target is at 2,079. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both are viable and...
