by Lara | Sep 17, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued. Yesterday’s second wave count expected a little upwards movement, but the target at 2,003 was inadequate. Summary: The Dead Cat Bounce is either a fourth wave correction (from yesterday’s wave count) or a second wave correction...
by Lara | Aug 28, 2015 | S&P 500, S&P 500 + DJIA |
The Dead Cat Bounce continues. Summary: A Dead Cat Bounce is most likely still unfolding and may now end on Monday (Tuesday at the latest). The bounce looks more likely to be another deep second wave correction, so the next wave down may be more explosive than the...
by Lara | Aug 18, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the first Elliott wave count. Summary: The first wave count should see strong downwards movement this week towards the target at 2,002. The second wave count expects upwards movement to continue, but this is not currently supported...
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 13, 2015 | S&P 500, S&P 500 + DJIA
Sideways movement fits both hourly Elliott wave counts. Summary: It is now more likely that minuette wave (b) was over two days ago and minuette wave (c) upwards has begun to 2,135. It is still possible but now less likely that minuette wave (b) will continue lower to...
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...
