by Lara | May 18, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected from the main Elliott wave count again yesterday, which is exactly what happened. Upwards movement during the session was also expected for a second wave bounce. Summary: The main wave count expects to see downwards movement accelerate...
by Lara | May 2, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the short term from both hourly Elliott wave counts. Summary: The probability that the upwards wave is over and the next wave down has begun is very high indeed. If the bear wave count is right (and it is supported by technical...
by Lara | Apr 30, 2016 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected downwards movement for Friday to a target at 2,046. Downwards movement unfolded as expected, but fell 6.28 points short of the target. Summary: The probability that the upwards wave is over and the next wave down has begun is very...
by Lara | Mar 12, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected but did not happen. A new alternate Elliott wave count is published with this analysis. Summary: The short / mid term trend remains up while price remains above 1,969.25. The target is 2,086 – 2,088. When the next impulse is over,...
by Lara | Mar 9, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement for a small green daily candlestick still fits the Elliott wave count. Summary: The correction is still most likely over. Price confirmation that the correction is over is still required with a new low below 1,962.96. Upwards movement may continue...
by Lara | Oct 7, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Wednesday’s session, but it did not happen. Price moved sideways and then ended with upwards movement. Summary: A short term target for upwards movement to end is at 2,013. When the channel on the hourly charts is breached by...
by Lara | Oct 6, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement to 2,010 was expected by the first Elliott wave count to end a third wave. Price moved only very slightly higher, failing by a wide margin to reach the target, and ended lower for the day in a fourth wave correction for the main Elliott wave count....
by Lara | Sep 28, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement is unfolding so far exactly as expected. Summary: Downwards movement should continue to new lows this week. If this downwards wave shows a clear strong increase in momentum beyond the last big wave down, then it would be a third wave. If it does not...
by Lara | Sep 18, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely, which is what happened. Summary: The probability that a Dead Cat Bounce is over is very high, but not fully confirmed. A clear breach of the upwards sloping aqua blue trend line on the daily charts would confirm it....