by Lara | Mar 9, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement fits both Elliott wave counts. If upwards movement continues tomorrow the main Elliott wave count will be more likely. Summary: The main wave count expects another eleven days of upwards movement to a target at 2,153. First confirmation would come...
by Lara | Jan 30, 2015 | S&P 500, S&P 500 + DJIA |
Both Elliott wave counts remain valid as price unfolded within a range on Friday`s session, and price has still not confirmed either Elliott wave count. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed with a new...
by Lara | Jan 23, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected for Friday’s session. The Elliott wave counts remain mostly the same. Summary: Downwards movement is expected in the short term for both wave counts. If downwards movement breaches 1,988.12 the alternate bull wave count will be...
by Lara | Jan 15, 2015 | S&P 500, S&P 500 + DJIA
Sideways movement had the upper hand on Thursday`s session, That part was expected but also we expected short term upwards correction to take place before resuming downwards movement. Today`s price action suggests that this might not be the case. Summary:...
by Lara | Dec 29, 2014 | S&P 500, S&P 500 + DJIA
Lara had expected upwards movement to end about 2,132. Price drifted upwards and target is yet to be met. Summary: Upwards movement should continue to the mid term target at 2,132. The mid term target may be met in another 5 or 13 trading days. Click on charts to...
by Lara | Nov 5, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement remained above the invalidation point on the Elliott wave hourly chart. The structure is slightly changed and the target is recalculated. I am swapping the bull and bear wave counts over again, although I would prefer to not favour one or the other...
by Lara | Oct 9, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement for Thursday’s session was expected. Summary: It is most likely that intermediate wave (1) or cycle wave b (for the bearish wave count) is over. In the short term I expect a little more downwards movement to 1,918, then upwards movement to a...
by Lara | Sep 25, 2014 | S&P 500, S&P 500 + DJIA
Price began the session with a little downwards movement. This is enough to complete the Elliott wave structure. Now a trend change needs to be confirmed. Summary: The fourth wave correction may be over. The fifth wave may have begun and the first target is 2,105. A...
by Lara | Sep 18, 2014 | S&P 500, S&P 500 + DJIA
The short term target for Wednesday’s session was 2009. This was reached and exceeded by 1.74 points. Summary: Tomorrow should see more downwards movement and a red candlestick. This may be either wave C of a flat correction or wave C of a triangle. Overall,...