by Lara | Nov 16, 2014 | S&P 500, S&P 500 + DJIA
Sideways movement in a very small range for Friday leaves both the main and alternate Elliott wave counts exactly the same. Summary: A new high above 2,046.18 would confirm upwards movement should continue, and the first target is 2,049. If price keeps rising above...
by Lara | Nov 7, 2014 | S&P 500, S&P 500 + DJIA
The target at 2,035 has almost been met. This structure may now be complete. Summary: The main wave count will now expect downwards movement, and would be confirmed below 1,820.66. The alternate bull wave count will expect a small second wave correction to not move...
by Lara | Nov 7, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick was expected and fits both Elliott wave counts perfectly. Summary: The first target for this upwards movement to end is at 2,035. If price keeps going up through this first target the next target is at 2,191, although this has a low...
by Lara | Oct 29, 2014 | S&P 500, S&P 500 + DJIA
A little upwards movement was expected, but the first target at 1,999 has not been met. Note: Unfortunately, my desktop and laptop died in the last 24 hours (maybe it was that lightning strike?). So I am using a borrowed laptop, but it does not yet have the recording...
by Lara | Oct 14, 2014 | S&P 500, S&P 500 + DJIA
The target for the main Elliott wave count for downwards movement at 1,884 has been comfortably exceeded. The bearish wave count looks like it may be correct, but there is no confirmation of a huge trend change at this time. Summary: If the bull wave count is correct...
by Lara | Sep 29, 2014 | S&P 500, S&P 500 + DJIA
Click on chart to enlarge. Alternate Wave Count It has been suggested that the S&P 500 may not be able to make new highs in the near future, because some technical indicators are predicting a big trend change and a reasonable drop at this point. I wanted to show...
by Lara | Aug 30, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement for Friday was expected. The green candlestick for Friday’s session fits the Elliott wave count perfectly. The wave count remains the same. Summary: In the short term I expect upwards movement from here. The target can now be calculated at two...
by Lara | Aug 16, 2014 | S&P 500, S&P 500 + DJIA |
Price moved slightly lower overall for Friday to complete a red candlestick, which was expected for the main hourly Elliott wave count. The wave counts remain the same. Summary: It is still most likely that minuette wave (iv) is incomplete. I expect downwards movement...
by Lara | Aug 15, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected slight upwards movement to a short term target at 1,952. Price moved higher than expected reaching up to 1,955.23. Summary: It is still most likely that minuette wave (iv) is incomplete. I expect downwards movement to a...
