by Lara | Nov 11, 2014 | S&P 500, S&P 500 + DJIA
A green candlestick was expected for Tuesday, which is what happened. Summary: The target for upwards movement to end is 2,049. This may be met in one to two days. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both are...
by Lara | Sep 6, 2014 | S&P 500, S&P 500 + DJIA
Friday began with a little downwards movement which breached the first invalidation point on the hourly Elliott wave chart. Thereafter, price turned upwards. The target is altered and now has a better probability. Summary: The target is now at 2,025 – 2,030. I...
by Lara | Aug 7, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
A new low and downwards movement still fits the current Elliott wave count. Summary: I expect that a low degree B wave has begun and may take about five to seven days in total to unfold. B waves exhibit the greatest variety in form and structure of all Elliott waves....
by Lara | Jun 4, 2014 | S&P 500, S&P 500 + DJIA |
Price remains above the invalidation point and within the small channel on the hourly chart. Summary: Upwards movement is incomplete. The target is at 1,939 to 1,940 and this is now one to four more days away. Upwards movement is most likely to end when the upper...
by Lara | Mar 25, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Price has not moved low enough for confidence in this wave count yet. The outlook is unchanged. 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 Lara | Mar 10, 2014 | S&P 500, S&P 500 + DJIA |
A small red candlestick on the daily chart fits with this wave count. While price remains within the pink channel on the hourly chart we do not have confirmation of a trend change. The wave count remains the same. Summary: The situation is still unclear but in the...
by Lara | Feb 22, 2014 | S&P 500, S&P 500 + DJIA |
The small second wave correction continued higher, turning just below the invalidation point. A small red candlestick for Friday’s session fits the wave count. The wave count remains the same. Summary: Minor wave 2 has ended. Minor wave 3 downwards should show...
by Lara | Feb 6, 2014 | S&P 500, S&P 500 + DJIA
Yesterday I expected upwards movement from the S&P for Thursday’s session to a short term target at 1,769. Price moved higher as expected, reaching 1,774.06, 5.06 points above the target. The wave count remains the same. Summary: I now expect downwards...
by Lara | Jan 6, 2014 | S&P 500, S&P 500 + DJIA
Last analysis expected a little downwards movement to begin the new week, followed by upwards movement. This is mostly what has happened. On the hourly chart this movement fits perfectly with the main wave count. The alternate hourly wave count was invalidated. Click...
