by Lara | Jan 25, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement fits the Elliott wave count. Price remains below the invalidation point. This bounce is so far unfolding as expected. Summary: This bounce is either another second wave correction or a fourth wave correction, and it should continue for a further...
by Lara | Jan 14, 2016 | S&P 500, S&P 500 + DJIA |
A new low below 1,901.10 confirmed a third wave down was unfolding. Thereafter, price continued lower. Summary: The trend is definitely down. The middle of a huge third wave is close and has not yet passed. The new target is 1,655. The invalidation point is relatively...
by Lara | Oct 6, 2015 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected for Monday. Price reached well above the target. Summary: I’ve taken a big step back today to look at the bigger picture, resulting in a changed wave count. I am still confident the S&P remains in a bear market because of...
by Lara | Sep 25, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis expected for Friday’s session a little upwards movement to end about 1,951. Price moved higher to start the session, reaching up to 1,952.89, before turning lower to complete a small red candlestick. Summary: I expect to...
by Lara | Sep 16, 2015 | S&P 500, S&P 500 + DJIA |
The triangle was invalidated with upwards movement leaving only one hourly wave count. I have a new idea at the hourly chart level for you today. Summary: The Dead Cat Bounce continues and is still most likely a fourth wave correction, which is more likely to end...
by Lara | Sep 15, 2015 | S&P 500, S&P 500 + DJIA |
The correction continued another day, which was allowed for. The Elliott wave counts on the hourly chart are again reduced to two. Summary: Upwards movement remained below 1,988.63, so the triangle remains valid and still has the best overall look. The combination...
by Lara | Jun 3, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement was exactly what was expected for Wednesday’s session. The Elliott wave count remains the same. Summary: Sideways movement should continue tomorrow to complete a triangle, with a small downwards movement to most likely fall short of the lower...
by Lara | May 7, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected from yesterday’s Elliott wave analysis. This is exactly what happened. Summary: The wave count expects upwards movement to continue for at least another week. Only when the i-iii trend line of the diagonal is overshot would the wave...
by Lara | May 2, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was unexpected for Friday and invalidated the hourly Elliott wave count. Summary: Both bull and bear wave counts expect an ending contracting diagonal is close to completion. I have three hourly charts: two which see minute wave iv incomplete and one...
