by Lara | Jun 2, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected, but price moved sideways to complete a small red doji. A new low during Tuesday’s session breached the invalidation point on the hourly chart by 0.02 points. Summary: Sideways movement was the continuation of a B wave triangle. The...
by Lara | May 9, 2015 | S&P 500, S&P 500 + DJIA
Overall upwards movement was again expected. Summary: Within minute wave v zigzag, the a wave is incomplete. A short term target for Monday is 2,130. Minuette wave (a) may find resistance at the upper i-iii trend line of the diagonal, and this may be where one to...
by Lara | May 4, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement is not enough to invalidate or confirm any of the three hourly wave counts from last Elliott wave analysis. Summary: A new high above 2,125.92 would confirm the final fifth wave up is underway. While price remains below 2,125.92 it is possible that...
by Lara | Apr 28, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was unexpected, although an alternate wave count did allow for it. Summary: I am changing the wave count at the weekly, daily and hourly chart level. In the short term I expect one more high to 2,134. That may be followed by a deep correction back...
by Lara | Apr 22, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but did not happen. Price remains below the invalidation point and has again found resistance exactly at the pink trend line. Summary: The mid term target is now at 2,006 and may be met in five sessions if subminuette wave iii exhibits...
by Lara | Apr 16, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Price drifted sideways to complete a small red doji, and continues to find strong resistance at the trend line. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be...
by Lara | Apr 11, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued, but remains below the invalidation point. Last Elliott wave analysis expected downwards movement to begin. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be downwards. I expect...
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 | Feb 25, 2015 | S&P 500, S&P 500 + DJIA
The session began with more upwards movement, but ended with a very small red candlestick. The Elliott wave count remains the same. Summary: I expect more upwards movement to a target at 2,133. It looks like it may take longer to get there. If it ends in another six...