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...
by Lara | Nov 19, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement has confirmed the main hourly Elliott wave count and invalidated the alternate. The second target was reached and passed by 1.08 point. Summary: The structure is again incomplete. I expect price to keep rising. The next likely target is at 2,079....
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...
