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....
by Lara | Jun 3, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but the invalidation point on the hourly chart was slightly breached. The wave count is changed at the hourly chart level very slightly. The target remains the same. Summary: Upwards movement is incomplete. The target is at 1,939 to...
by Lara | Apr 3, 2014 | S&P 500, S&P 500 + DJIA
Price moved lower as expected. A breach of the small channel on the hourly chart provides some confidence in this wave count. Summary: It is likely now that upwards movement has ended for the mid term. I still want to see a new low below 1,842.11 within the next few...
by Lara | Mar 21, 2014 | DJIA, S&P 500, S&P 500 + DJIA
A slight new high changes the wave count, which was unexpected. Summary: I still expect a five wave structure downwards to end at the lower of the two aqua blue trend lines. The new high is unconfirmed by the DJIA, DJT, and Nasdaq. Recent upwards movement is very...
by Lara | Mar 8, 2014 | DJIA, S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected downwards movement to most likely begin, but a channel breach was required before confidence could be had in a trend change. Price moved slightly higher and remains well within the channel. The wave count remains the same. Summary:...