by Lara | Mar 23, 2015 | S&P 500, S&P 500 + DJIA |
A slight new high was made before price turned down to complete a red candlestick. The short term target was not met. Summary: The target remains at 2,178 now calculated at two wave degrees. The upper blue 1-3 trend line should be overshot before this movement is...
by Lara | Feb 10, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday for both Elliott wave counts. Summary: The upwards trend should continue tomorrow. The short term target is either 2,098 (main wave count) or 2,133 (alternate wave count). Click charts to enlarge. Main Bull Wave Count I will...
by Lara | Dec 11, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for Wednesday’s session. Summary: We should always assume the trend remains the same, until proven otherwise. The trend is your friend. At this stage I will assume that a small second wave correction is unfolding, and the target...
by Lara | Nov 1, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. I can now calculate a target for the alternate bear wave count. Summary: Any movement above 2,019.26 would invalidate the main bear wave count and confirm the alternate. At that stage the target of upwards movement would be 2,044. The...
by Lara | Oct 22, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. This has been followed by a little downwards movement which still fits within this Elliott wave count perfectly. Summary: At least one more short upwards wave is required to complete the structure. The target is 1,971. Click on charts to...
by Lara | Oct 16, 2014 | S&P 500, S&P 500 + DJIA
A red candlestick was expected for Wednesday’s session. The targets were too high and the bear target was exceeded by 25.34 points. I am swapping over my bull and bear wave counts today, a week early, for several reasons. This analysis will outline those more...
by Lara | Jun 28, 2014 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis expected downwards movement. This is not what happened. Price moved higher but remains below the invalidation point. Summary: The downwards structure is giving cause for concern. I want to see price break below 1,925.78 to have any...
by Lara | Jun 14, 2014 | S&P 500, S&P 500 + DJIA
I had expected Friday to begin with a little upwards movement before the downwards trend resumed to the target at 1,920. Friday did begin with upwards movement, which lasted all session. Summary: In the short term I expect more downwards movement towards a target at...
by Lara | May 19, 2014 | S&P 500, S&P 500 + DJIA |
The small channel on the hourly chart was not breached and the second wave correction moved higher. I will continue to use the channel on the hourly chart for indication of when this correction is over. Summary: The target for the next wave down is 1,822. This target...
