by Lara | Sep 7, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Price continues to move sideways within a clearly defined trading range. Summary: While price remains below 2,193.42, it is still likely that a final small wave down will end the consolidation. A new high reasonably above 2,193.42 would indicate that the consolidation...
by Lara | Aug 20, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected for Friday’s session. Price moved overall sideways, the low remaining comfortably above the invalidation point on the hourly Elliott wave chart. Summary: The trend remains the same, until proven otherwise. Assume the trend is...
by Lara | Aug 16, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was unexpected and invalidated the hourly Elliott wave count. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. In the short term, expect a small correction to end about 2,162 –...
by Lara | Jul 28, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Thursday’s session. Overall, price moved higher to print a green daily candlestick. Summary: In the short term, an upwards swing should take price back up to about 2,175 or a little above. Thereafter, the wave counts diverge....
by Lara | Jul 27, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday’s session. Price whipsawed, invalidating both hourly Elliott wave counts, and closed only a little below the open for the day to overall move sideways. Summary: In the short term, an upwards swing should take price...
by Lara | Jul 12, 2016 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
A new all time high was not expected for the bear Elliott wave count. The only Elliott wave count now viable (that I can find) is bullish. Summary: In the short term, a little more upwards movement to a target at 2,146 may then be followed by a few days of downwards...
by Lara | May 31, 2016 | S&P 500, S&P 500 + DJIA |
The target at 2,099 was slightly overshot at the start of today’s session, but price then turned down to breach the channel on the hourly chart. So far price is behaving as expected and offering what looks like a perfect trade set up during today’s...
by Lara | May 14, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Friday, which is what happened. Summary: Volume and On Balance Volume indicate that a bounce up may unfold for Monday / Tuesday next week as per the main hourly wave count. If price gets up that high, look for strong resistance at...
by Lara | May 12, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected as most likely for Thursday’s session. Price moved lower but not conclusively; a red doji candlestick was printed. The situation short term remains unclear. The Elliott wave count mid / long term still looks right. Summary: It is...
