by Lara | May 22, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. A small red candlestick fits the Elliott wave count. Summary: The short term target is at 2,103 and may be met next week. The main wave count will remain relatively bullish while price remains above the long held bull trend line on the...
by Lara | May 18, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement for Monday is exactly what the Elliott wave count expected. The target remains the same. Summary: Upwards movement may end this week. The target may now be calculated at two wave degrees giving a small range of 2,135 – 2,137. The upper i-iii...
by Lara | Apr 1, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the main Elliott wave count for Wednesday. This is what happened. Summary: The main wave count requires downwards movement tomorrow to complete a five down on the hourly chart. If price breaks above 2,073.31 tomorrow then it is...
by Lara | Feb 4, 2015 | S&P 500, S&P 500 + DJIA
A small correction was expected for the short term. This is exactly what happened. Summary: The trend is upwards and the breakout from this consolidation phase should come within the next one to three days. A third or C wave up may begin tomorrow. Alternatively, a...
by Lara | Nov 26, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected with a new high, and the main hourly Elliott wave count had expected it was possible we could see another one to three red candlesticks on up to the target. Summary: The structure is still incomplete. I expect price to keep...
by Lara | Nov 10, 2014 | S&P 500, S&P 500 + DJIA
A red candlestick was expected for Monday. This is not what happened. Summary: The target for upwards movement to end is 2,049. This may be met in one to three days. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both...
by Lara | Aug 22, 2014 | S&P 500, S&P 500 + DJIA
The main Elliott wave count is confirmed and the alternate was invalidated with a new high. The target remains the same. Summary: The fourth wave did not show up, and may not show up for a few days yet. The short term target is 1,999, but this may herald only a brief...
by Lara | Jul 24, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was again expected from yesterday’s Elliott wave analysis. The wave count remains the same. Summary: The target at 2,009.86 may be now be met in about one to three days time. This specific target is also a maximum point for this upwards movement...
by Lara | Jul 12, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA |
I had expected to see an increase in downwards momentum for Friday’s session, but this is not what happened. Price remains below the invalidation point on the hourly chart, but upwards movement slightly changes the Elliott wave count on the hourly chart....
