by Lara | Dec 19, 2016 | S&P 500, S&P 500 + DJIA |
A small inside day continues a small consolidation, which was what both the daily and two hourly Elliott wave counts expected. The alternate hourly Elliott wave count will be discarded today. Summary: It is possible that the consolidation is over today. If yes, the...
by Lara | Nov 3, 2016 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected to see a green daily candlestick or doji for Thursday’s session. This is not what happened, price has continued lower. Summary: This trend may continue for a little longer and move a little lower. Some signs of weakness are...
by Lara | Sep 29, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Yesterday’s analysis was indecisive. The preferred Elliott wave count required downwards movement, but volume suggested this might not happen. Price did move lower. The preferred Elliott wave count now looks right and on track. Summary: Tomorrow should see...
by Lara | Sep 12, 2016 | S&P 500, S&P 500 + DJIA |
The short term expectation for Monday was for a little downwards movement to a target at 2,122 before a turn and upwards movement. The low for Monday was 2,119.12, 2.88 points below the target. Summary: Friday’s 90% down day is likely to be followed by at least...
by Lara | Aug 23, 2016 | S&P 500, S&P 500 + DJIA |
A short sharp thrust down was expected before price turned upwards, but this is not what happened. Price moved upwards at the start of the session. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. The...
by Lara | Aug 22, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price moved sideways to print a small green doji daily candlestick. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. The mid term targets are 2,332 or 2,445. If price...
by Lara | Aug 1, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement is choppy and overlapping indicating a diagonal. Summary: A consolidation may be completing for intermediate wave (2). Price should move overall upwards before turning and moving lower for a few days to end below 2,159.07. Last monthly chart for the...
by Lara | Apr 7, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. This is not what happened. Price remains above the invalidation point on the hourly chart. The Elliott wave count remains on track. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to...
by Lara | Mar 19, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as expected. Summary: This is still a bear market rally until proven otherwise. A short term target for Monday is 2,057. This rally is reasonably likely to end above 2,116.48, but it cannot make a new all time high. In the short term, the...
