by Lara | Apr 26, 2016 | S&P 500, S&P 500 + DJIA |
A very small range day to produce a small green doji sees both hourly Elliott wave counts remain valid. Price is squeezed between two trend lines. Summary: The possibility of new highs will remain while price remains above the support line / lower edge of the Elliott...
by Lara | Feb 8, 2016 | S&P 500, S&P 500 + DJIA |
End of week analysis expected Monday to see strong downwards movement. This is exactly what happened. Summary: The trend is down and a strong third wave is building. Expect surprises to be to the downside. A small quick second wave correction may move price a little...
by Lara | Oct 12, 2015 | S&P 500, S&P 500 + DJIA |
A breach of the channel on the hourly chart may be taken as confirmation a correction has begun. Analysis this week will focus on identifying when the correction may be over. Summary: All three wave counts expect a sideways / downwards correction to develop from here...
by Lara | Sep 29, 2015 | S&P 500, S&P 500 + DJIA |
New lows were expected, but a green candlestick was not. Summary: Downwards movement should continue to new lows this week. If this downwards wave shows a clear strong increase in momentum beyond the last big wave down, then it would be a third wave. If it does not...
by Lara | Sep 24, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected again for Thursday. Price made new lows and completed a red candlestick. On the hourly chart, upwards movement at the end of the session found resistance about the upper edge of the channel. Summary: The wave count is changed slightly....
by Lara | Sep 10, 2015 | S&P 500, S&P 500 + DJIA |
Again, sideways movement was expected to continue. This is exactly what happened for Thursday. Summary: The short term picture is exactly the same as yesterday. The consolidation is most likely a fourth wave, but may also be a second wave correction. The pathway on...
by Lara | Sep 3, 2015 | S&P 500, S&P 500 + DJIA |
Today’s green doji with a long upper shadow is bearish. I have two ideas at the hourly chart level today. Summary: I have a new alternate idea for you today. I expect either a very strong third wave down, which would be confirmed now with a new low reasonably...
by Lara | Aug 27, 2015 | S&P 500, S&P 500 + DJIA |
The Dead Cat Bounce continues and remains below the invalidation point. I have two hourly charts for you today. Summary: A Dead Cat Bounce is most likely still unfolding and may end tomorrow. If the Dead Cat Bounce is a fourth wave, then it may end about 1,996, but if...
by Lara | Aug 21, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected more downwards movement to a target at 2,002. The direction was right, but the target was inadequate. Summary: This third wave is not yet done. A target for it to end is now recalculated at 1,940. When this third wave is done the...
