by Lara | Oct 1, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement made a new high. Thereafter, price turned down but remained above the invalidation point on the hourly chart. Summary: I still have some confidence that the correction is over. A new high above 1,986.37 would add further confidence. I expect about two...
by Lara | Sep 23, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Price moved lower exactly as expected for Tuesday’s session. Summary: The fourth wave correction looks like it is more likely a flat and may end tomorrow. The target for downwards movement is at 1,968. Alternatively, the correction could still be a triangle and...
by Lara | Sep 16, 2014 | S&P 500, S&P 500 + DJIA
Both the main and alternate hourly Elliott wave counts in last analysis expected more downwards movement for Monday. We have a new low and a red candlestick. Summary: Tomorrow I expect more downwards movement to a short term target at 1,975. Thereafter, we may see...
by Lara | Aug 24, 2014 | S&P 500, S&P 500 + DJIA
Price moved lower during Friday’s session to complete a very small red candlestick. This was one of the two fourth wave corrections I was expecting, which turned a few days earlier than expected. Summary: I expect the resumption of the upwards trend on Monday....
by Lara | Jun 30, 2014 | S&P 500, S&P 500 + DJIA |
Last Elliott wave count expected downwards movement. We do have a tiny red doji candlestick, but price remains above the confidence point. Summary: The downwards structure is giving cause for concern. I want to see price break below 1,925.78 to have any confidence in...
by Lara | Jun 16, 2014 | S&P 500, S&P 500 + DJIA
Last Elliott wave analysis had expected downwards movement for Monday’s session. This is not what happened and price moved higher. Upwards movement fell short of the invalidation point and so the wave count remains valid. Summary: In the short term I expect more...
by Lara | May 8, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Price began Wednesday’s session with a little lower movement, then turned higher, exactly as expected. Both the main and alternate hourly wave counts remain valid. Summary: If price remains below 1,891.33 then we may expect the S&P 500 remains range bound....
by Lara | Jan 23, 2014 | S&P 500, S&P 500 + DJIA |
I had expected Thursday’s session to see downwards movement towards a short term target at 1,821, with an increase in downwards momentum. This is what happened as price has reached 1,820.06. The wave count remains the same. Summary: The middle of a third wave...
by Lara | Dec 3, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected downwards movement for Tuesday’s session towards a target at 1,790. Price has reached 0.9 points below the target. I had expected the target to be two to four days away, but it has been reached in only one day. The wave count...