by Lara | Aug 1, 2015 | S&P 500, S&P 500 + DJIA
A little upwards movement was expected to begin the session to a target at either 2,115 or 2,117 – 2,121. This is how the session began, with price falling 0.76 short of the first target. Thereafter, price turned down to complete a red candlestick, which is what...
by Lara | Jul 28, 2015 | S&P 500, S&P 500 + DJIA |
More downwards movement was expected for Monday. Summary: A first wave down is almost complete. When complete, a second wave correction will follow which may possibly be deep, but it does not have to be because it may be pulled down by a strong third wave. The second...
by Lara | Jul 21, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA
I have two Elliott wave counts today, with additional regular technical analysis that aims to see which Elliott wave count is more likely. Summary: A new low below 2,044.02 now would provide a lot of confidence in the first wave count, the target would be at 1,983. A...
by Lara | Jul 9, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s hourly wave count expected overall sideways movement: some upwards movement to complete a triangle to be followed by downwards movement as a fifth wave began. This is exactly what happened. Summary: The fourth wave may now be complete. The target for...
by Lara | Jun 29, 2015 | S&P 500, S&P 500 + DJIA |
The narrow channel on the hourly chart was never breached, so some downwards movement was expected to continue. However, a new low below 2,067.93 has invalidated the main Elliott wave count and confirmed the alternate Elliott wave count. Summary: A trend change at...
by Lara | Jun 23, 2015 | Public Analysis, S&P 500, S&P 500 Historical |
S&P 500 Grand SuperCycle Elliott wave analysis, from 1871. Summary: The bear wave count has a better overall look. Bullish Wave Count Click chart to enlarge. The data prior to the inception of the S&P500 index is an amalgamation of the US stock market back...
by Lara | Jun 19, 2015 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected upwards movement, but this is not what happened. Downwards movement remains above the invalidation point on the hourly Elliott wave chart. Summary: There is zero confirmation of a trend change from bull to bear. The main wave count...
by Lara | Jun 15, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected from the main Elliott wave count, but it has not been enough to invalidate the main Elliott wave count at the hourly chart level. Summary: The main wave count assumes a bull market remains intact because we have zero confirmation of...
by Lara | Jun 8, 2015 | S&P 500, S&P 500 + DJIA |
The alternate Elliott wave count is looking increasingly likely, but it remains unconfirmed. Summary: The main wave count has further reduced in probability, but the alternate still requires confirmation. This is a big trend change, even for the bull wave count, and...
