by Lara | Aug 30, 2016 | S&P 500, S&P 500 + DJIA |
A small downwards day fits for both hourly Elliott wave counts. 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...
by Lara | Aug 9, 2016 | S&P 500, S&P 500 + DJIA |
Yesterday’s hourly Elliott wave count expected some upwards movement to end between 2,185.44 to 2,188.32, then downwards movement. Price began the session with upwards movement and reached 1,287.66 before turning downwards exactly as expected. Summary: The trend...
by Lara | Aug 8, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to a target at either 2,192 or 2,199. The session began with a little upwards movement but only to 2,185.44 before turning down. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above...
by Lara | Apr 14, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was again 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 in just three more sessions on 19th April, 2016. The upwards trend is very weak. To...
by Lara | Feb 24, 2016 | S&P 500, S&P 500 + DJIA |
Again, downwards movement was expected. Price moved lower to make a lower low and a lower high. This fits the wave count. Summary: Upwards movement is still most likely over. A break now below the lower cyan trend line and below 1,891 would add substantial confidence....
by Lara | Dec 19, 2015 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
This is the last analysis for 2015. The next analysis will be done after market close for Monday, 4th January, 2016. This analysis will cover the bigger picture at the monthly chart level and will provide as many alternate ideas as I can see (within reason) at the...
by Lara | Dec 8, 2015 | S&P 500, S&P 500 + DJIA |
The preferred hourly bear Elliott wave count led the way today. The Elliott Wave counts are the same. Summary: The preferred hourly bear wave count expects upwards movement to 2,103.81 tomorrow. It may take two days to get there. If we see a new low below 2,042.35...
by Lara | Nov 5, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: Upwards movement is still very likely to be over. A new low below 2,058.84 would provide more confidence that the trend has changed. If a new high is seen, then the possible target for upwards movement to end remains at 2,121....
by Lara | Oct 27, 2015 | S&P 500, S&P 500 + DJIA
The fourth wave correction continued a little lower to complete a small red doji with a long lower shadow. Summary: A short brief fifth wave upwards to the target at 2,082 – 2,089 would complete this entire structure for a bear market rally. If the target is met...
