by Lara | Dec 1, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement has remained above the invalidation point and within the channel on the hourly chart. The Elliott wave count remains the same, but the target has been recalculated. Summary: One final small fifth wave is now all that is required to complete this...
by Lara | Nov 20, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick fits the Elliott wave count. Summary: The structure is still incomplete. I expect price to keep rising. The next likely target is at 2,079. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both...
by Lara | Aug 27, 2014 | S&P 500, S&P 500 + DJIA
Another small red doji indicates this small fourth wave correction was not over, which was expected to continue at least for the first part of Wednesday’s session. The wave count remains the same. Summary: In the short term I expect a little sideways movement to...
by Lara | Aug 13, 2014 | S&P 500, S&P 500 + DJIA |
A slight new high above 1,944.90 invalidated the main hourly Elliott wave count and confirmed the alternate hourly wave count. The alternate Elliott wave count expected not much more upwards movement, only sideways movement, which is what happened. Summary: This B...
by Lara | Jul 31, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected. We have a new low and a red candlestick. I have a new alternate wave count for you. Summary: Another fourth wave correction may have arrived last Friday. This would be fully confirmed with movement below 1,955.59. We may get this...
by Lara | May 12, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected. The targets remain the same. Summary: The first target is 1,911. The second target is 1,938. This analysis is published about 06:11 p.m. EST. Click on charts to enlarge. Bullish Wave Count. The aqua blue trend lines are critical. Draw...
by Lara | Apr 12, 2014 | DJIA, S&P 500, S&P 500 + DJIA |
Downwards movement continues as expected, and momentum is increasing as expected. The target is the same. Summary: The third wave is still incomplete, and the short term target for it to end is at 1,776. This target may be about three or four days away. We should see...
by Lara | Mar 13, 2014 | S&P 500, S&P 500 + DJIA
The short term target at 1,839 was almost met as price reached down to 1,841.86. Downwards momentum has increased nicely as expected. The wave count remains the same. Summary: The trend remains down at minor degree. We may see a further increase in momentum tomorrow....
by Lara | Feb 12, 2014 | S&P 500, S&P 500 + DJIA |
The S&P has produced a red candlestick which was expected for Wednesday’s session, although I had expected it to show up earlier. The wave count remains the same. Summary: I expect tomorrow’s session to begin with a little more downwards movement...