by Lara | Sep 9, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected for Tuesday’s session. The invalidation point at 1,990.10 on the hourly chart was breached. The Elliott wave count is changed. Summary: I expect that minute wave iii is actually over sooner than expected. A clear breach of any...
by Lara | Aug 28, 2014 | S&P 500, S&P 500 + DJIA
I had again expected the small fourth wave correction to be over more quickly than it was, and for Thursday’s session to produce a green candlestick. The fourth wave continued and moved lower to complete a small red doji. The wave count remains the same....
by Lara | Jul 16, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. It subdivides as a five wave impulse on the five minute chart and so this fits the main wave count nicely. Summary: My main wave count which has a higher probability expects downwards movement to begin to show an increase in downwards...
by Lara | Jul 4, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
A new high invalidated the hourly wave counts. I have a new alternate for you. I still expect the main wave count has a higher probability. Summary: Although we saw a new high this could still be a part of a small correction. I expect this to most likely complete with...
by Lara | Jul 2, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
The target for the bull and bear wave counts for the mid term remains the same. Both hourly Elliott wave counts remain the same, and they have a close to even probability. Summary: Upwards movement is not over. But for the short term I expect to see a small fourth...
by Lara | Jun 19, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected from yesterday’s technical analysis. The Elliott wave structure is incomplete and price should continue up towards the target. Summary: In the short term I expect more upwards movement to a target at 1,964. The target may be met in...
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 5, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement from the S&P 500 was expected. The Elliott wave structure may now be complete. The target has been slightly exceeded by 2.74 points. Summary: The pink trend line of the diagonal is slightly overshot and this has a very typical look. Movement...
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....