by Lara | Feb 22, 2015 | S&P 500, S&P 500 + DJIA
Again, upwards movement was expected. The target remains the same. Summary: I expect more upwards movement to 2,133. This may end on Monday, but it looks now like it may need a little longer to get there and may end on Tuesday. Click charts to enlarge. Bullish Wave...
by Lara | Jan 9, 2015 | S&P 500, S&P 500 + DJIA |
A slight new high signaled the completion of the first subdivision within minuette wave (iii) and price spent the rest of the day within a downwards correction that has more to offer towards the downside. Summary: The general direction remains up. On Monday`s session...
by Lara | Dec 31, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Downwards movement did not invalidate the Elliott wave count at the hourly chart level. Summary: Downwards movement may end about 2,049 – 2,047. Thereafter, upwards movement should resume. The mid term target remains at 2,138....
by Lara | Nov 7, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick was expected and fits both Elliott wave counts perfectly. Summary: The first target for this upwards movement to end is at 2,035. If price keeps going up through this first target the next target is at 2,191, although this has a low...
by Lara | Oct 29, 2014 | S&P 500, S&P 500 + DJIA
A little upwards movement was expected, but the first target at 1,999 has not been met. Note: Unfortunately, my desktop and laptop died in the last 24 hours (maybe it was that lightning strike?). So I am using a borrowed laptop, but it does not yet have the recording...
by Lara | Oct 14, 2014 | S&P 500, S&P 500 + DJIA
The target for the main Elliott wave count for downwards movement at 1,884 has been comfortably exceeded. The bearish wave count looks like it may be correct, but there is no confirmation of a huge trend change at this time. Summary: If the bull wave count is correct...
by Lara | Aug 30, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement for Friday was expected. The green candlestick for Friday’s session fits the Elliott wave count perfectly. The wave count remains the same. Summary: In the short term I expect upwards movement from here. The target can now be calculated at two...
by Lara | Aug 16, 2014 | S&P 500, S&P 500 + DJIA |
Price moved slightly lower overall for Friday to complete a red candlestick, which was expected for the main hourly Elliott wave count. The wave counts remain the same. Summary: It is still most likely that minuette wave (iv) is incomplete. I expect downwards movement...
by Lara | Aug 15, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected slight upwards movement to a short term target at 1,952. Price moved higher than expected reaching up to 1,955.23. Summary: It is still most likely that minuette wave (iv) is incomplete. I expect downwards movement to a...
