by Lara | Jun 21, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected from yesterday’s technical analysis. The Elliott wave structure is now complete and looks typical. Summary: With Friday’s volume spike providing the final requirement for this structure it may be that upwards movement ended on...
by Lara | Jun 9, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
A little upwards movement to the short term target at 1,955 may have completed the structure. I have a monthly and weekly chart for you today to look at divergence and RSI. Summary: We may have seen the end to upwards movement for the mid term. In the first instance I...
by Lara | Jun 7, 2014 | S&P 500, S&P 500 + DJIA |
Price moved a little higher, as I had accepted was possible. The trend line overshoot for the diagonal is looking very typical still. I expect the S&P 500 should move lower from here. The trend change is at least intermediate degree, and may be at primary degree....
by Lara | May 24, 2014 | S&P 500, S&P 500 + DJIA |
More upwards movement was not expected for the main wave count, but was for the alternate. Both wave counts remain valid at this stage. Summary: This may be a very deep second wave correction. Tuesday’s price action should clarify which wave count is correct....
by Lara | May 22, 2014 | S&P 500, S&P 500 + DJIA
Some upwards movement was expected, but the target at 1,891 was well passed. The wave count remains valid. Summary: I expect downwards movement from here. It should increase in momentum next week. This analysis is published about 06:05 p.m. EST. Click on charts to...
by Lara | Apr 29, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected a little more upwards movement to complete a second wave correction, which is what happened. Summary: A third wave downwards has most likely begun. It is either a third wave within an impulse, or a third wave of an ending expanding...
by Lara | Apr 28, 2014 | S&P 500, S&P 500 + DJIA
A new low for Monday was expected. Overall the wave count looks correct. Summary: A third wave downwards has most likely begun. It is either a third wave within an impulse, or a third wave of an ending expanding diagonal. The target for this third wave is at 1,788. If...
by Lara | Mar 1, 2014 | DJIA, S&P 500, S&P 500 + DJIA |
Movement above 1,858.71 invalidated the main hourly wave count and confirmed the alternate. I have a new wave count for you this week. Summary: The situation with the S&P 500 and DJIA is unclear. The only thing which looks clear at this stage is that recent...
by Lara | Jan 29, 2014 | S&P 500, S&P 500 + DJIA
More downwards movement was expected to complete a red candlestick for Wednesday’s session, and this is what happened. The wave count remains the same. Summary: Downwards movement is almost over for now. The depth of the next upwards movement, and its structure,...
