by Lara | Oct 15, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was again expected for Wednesday. Summary: Short term this downwards movement may end tomorrow about 1,986 – 1,984. The next wave up is either a five wave structure for a C wave, or a B wave at three degrees. If the next wave up is a three,...
by Lara | Sep 14, 2015 | S&P 500, S&P 500 + DJIA |
The correction continued. The first Elliott wave count is well supported by regular technical analysis, and still looks right. Summary: The correction continued on Monday. It may be done now or it may take another one to two days. I expect the downwards trend to...
by Lara | Sep 5, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement for Friday was expected by both hourly Elliott wave counts. Summary: Downwards movement should continue on Tuesday (NY is closed for Labour day on Monday). How low this next move goes may tell us which hourly wave count is correct. A new low...
by Lara | Apr 10, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement invalidated the hourly Elliott wave count. Both daily Elliott wave counts remain valid. Summary: I still expect a continuation of downwards movement over the next few days to build downwards momentum. The target is at 1,981. A new low below 2,039.69...
by Lara | Mar 2, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected for both Elliott wave counts. Summary: Upwards movement may continue for three more sessions to reach 2,133. It is possible that it is over, but this has a lower probability. Click charts to enlarge. Bullish Wave Count Upwards movement...
by Lara | Jan 29, 2015 | S&P 500, S&P 500 + DJIA |
Price has still not confirmed either Elliott wave count, and they both remain valid. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed with a new low below 1,988.12. The alternate must see upwards movement from here,...
by Lara | Jan 13, 2015 | S&P 500, S&P 500 + DJIA |
The S&P 500 has yet to show signs of strength to resume its upwards trend. Subminuette wave ii proved that it has more to offer towards the downside before upwards trend resumption. Summary: We should keep in mind that the trend is our friend until proven...
by Lara | Dec 18, 2014 | S&P 500, S&P 500 + DJIA
The main Elliott wave count expected upwards movement. A new high above 2,034.17 confirmed the main Elliott wave count and invalidated the alternate. The bull market is intact. Summary: The mid term target is at 2,132. This may be met in 11 or 19 days time. Click on...
by Lara | Nov 27, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Another green candlestick and mostly sideways movement fits the Elliott wave count. The structure is managing to complete below the target, and may manage to end by the target. Summary: I expect upwards movement for tomorrow’s session to a short term target at...
