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...
