by Lara | Aug 4, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Price moved sideways in a narrower range than the day before, but completed a red candlestick. Summary: For the short term, a little upwards movement at least to about 2,119 is still expected. It may end in another one to three days. A new high above 2,132.82 would...
by Lara | Jul 22, 2015 | S&P 500, S&P 500 + DJIA |
As expected from yesterday’s two Elliott wave counts and regular technical analysis, price continued to move lower. Summary: A new low below 2,044.02 now would provide a lot of confidence in the first wave count, the target would be at 1,983. A new all time high...
by Lara | Jul 16, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued, which was not expected for the main Elliott wave count. However, price has remained below the invalidation point and below the upper trend line which should provide resistance. Summary: The main wave count still expects a strong third wave...
by Lara | Jul 10, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for Friday, but it did not happen. Upwards movement remains below the invalidation point and within the recent zone of resistance. Summary: Monday is highly likely to see some upwards movement, at least a little above 2,085.06, with the...
by Lara | Jul 6, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but did not happen. Price remains above the invalidation point on the hourly chart and has found support at the lower diagonal trend line on the daily chart. Summary: Upwards movement should continue overall for several days yet. A new...
by Lara | Jun 30, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
The wave count expected downwards movement. Although a slight new low was made, the day completed a green candlestick. Summary: We should always assume the trend remains the same until proven otherwise. I have a new wave count. The new wave count expects the ending...
by Lara | Jun 22, 2015 | S&P 500, S&P 500 + DJIA
The main Elliott wave count overall expected more upwards movement, but a short term move down to 2,103.67 was expected and did not happen. Summary: Overall more upwards movement is expected to a target at 2,185. This target may change when the calculation may be done...
by Lara | Jun 16, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement favours the bull Elliott wave count. Summary: There is zero confirmation of a trend change from bull to bear. The main wave count will therefore expect to see a continuation of the upwards trend; the target remains the same at 2,185, but the...
by Lara | Jun 10, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
The upwards movement, which was unexpected, invalidated the hourly alternate Elliott wave count. Summary: The main wave count is changed. It now expects a third wave up and requires confirmation with a new high above 2,134.72. The alternate expects a primary degree...
