by Lara | May 19, 2016 | S&P 500, S&P 500 + DJIA |
More downwards movement was expected for Thursday’s session, which is what happened. Summary: The main wave count expects to see downwards movement accelerate in the next week or so as a third wave unfolds. The first short term target is at 1,988. The long term...
by Lara | Mar 10, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected from the main Elliott wave count. Summary: Earliest confirmation that the correction is over has come with a clear breach of the channel containing it and now a new low below 1,974.08. Final price confirmation would come with a new low...
by Lara | Mar 25, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement has invalidated the main hourly Elliott wave count, but is not yet enough to confirm the alternate wave count. What happens tomorrow is crucial. Summary: Price is right at the lower blue 2-4 trend line on the main daily wave count. For the main wave...
by Lara | Dec 30, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement invalidated yesterday’s hourly Elliott wave count. The structure is incomplete though, and the target should still be met. Summary: The mid term target is now widened to a zone at 2,132 – 2,138. This may be met now in another 4 or 12...
by Lara | Oct 27, 2014 | S&P 500, S&P 500 + DJIA
A little more upwards movement was expected, but price is moving sideways. Summary: A fourth or B wave triangle is almost complete. One final upwards wave should follow to either 1,975 or 2,012. The lower target looks more likely as the upper aqua blue line looks like...
by Lara | Oct 10, 2014 | S&P 500, S&P 500 + DJIA
I had expected only a little downwards movement to 1,918. Price has moved comfortably below that target. Summary: If the bull wave count is correct then intermediate wave (2) must be nearing completion. The target is 1,884. If the bear wave count is correct then a...
by Lara | Sep 26, 2014 | S&P 500, S&P 500 + DJIA
Movement below 1,978.63 invalidated the main hourly wave count and confirmed the first alternate. The target then was at 1,968. Price reached down to 1,966.56. Summary: The structure is incomplete. I expect more downwards movement to a target at 1,953. Price should...
by Lara | Sep 18, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement invalidated the hourly wave count. Summary: I expect a slight new high to 2,013 to begin tomorrow’s session. Thereafter, tomorrow should see more downwards movement and a red candlestick. This may be either wave C of a flat correction or wave C...
by Lara | Jul 17, 2014 | S&P 500, S&P 500 + DJIA
The main hourly Elliott wave count was invalidated by upwards movement. I still expect this correction is unfolding and is incomplete. Summary: The main wave count expects a little more sideways movement before a final wave down to complete this correction. The...
