by Lara | Mar 23, 2017 | S&P 500, S&P 500 + DJIA |
Price moved overall upwards with a higher high and a higher low for the session. Upwards movement was expected. Summary: Tomorrow may begin with a little downwards movement to end below 2,340.51 but not below 2,336.45. Thereafter, price should turn up and show some...
by Lara | Mar 6, 2017 | S&P 500, S&P 500 + DJIA |
A new low below 2,371.54 invalidated the hourly Elliott wave count and indicated a pullback has likely arrived. Summary: A deeper pullback may have arrived. It may last about one to three months and may end either 2,368 – 2,353 or 2,282 – 2,234. A new low...
by Lara | Mar 4, 2017 | S&P 500, S&P 500 + DJIA |
An upwards day was expected for Friday. Price made a lower low and lower high, the definition of a downwards day, but the session closed green. Price remains above the near by invalidation point on the hourly Elliott wave count. Summary: Aggressive and more risk...
by Lara | Jul 19, 2016 | S&P 500, S&P 500 + DJIA |
A short term pullback was expected. Another small inside day completes a small red doji. Summary: In the very short term, sideways movement may continue for another session or so. Thereafter, the upwards trend should resume. Last monthly chart for the main wave count...
by Lara | Jun 28, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement unfolded for the session exactly as expected, ending almost at the target which was at 2,038.15. Summary: In the short term, some sideways movement is most likely to complete a fourth wave correction for another two or four days, with two more likely....
by Lara | Jun 24, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: In the short term, a bounce may arrive to move price higher Monday / Tuesday which if it is deep may end about 2,082. The mid term target for a third wave at minor degree is 2,000. The long term targets for primary wave 3 are...
by Lara | Jun 8, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was again expected for the session and again failed to materialise. No confirmation of a trend change has been indicated yet either, so it was allowed that price could move a little higher. Summary: Price is persistently weak but no trend change is...
by Lara | Jun 6, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. The main Elliott wave count was invalidated with a new high above 2,111.05. Summary: There is still weakness to upwards movement; a pullback is still expected sooner rather than later. How low the next wave down goes and how strong it...
by Lara | May 21, 2016 | S&P 500, S&P 500 + DJIA |
Friday’s analysis came with the warning that the session may print a green daily candlestick, which is what happened. Summary: The downwards trend is not in doubt but short term how high a bounce goes is unclear. A new main hourly wave count expects upwards...
