by Lara | Sep 12, 2016 | S&P 500, S&P 500 + DJIA |
The short term expectation for Monday was for a little downwards movement to a target at 2,122 before a turn and upwards movement. The low for Monday was 2,119.12, 2.88 points below the target. Summary: Friday’s 90% down day is likely to be followed by at least...
by Lara | Sep 3, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected for Friday, but it was not expected to move above 2,183.48. Summary: A little downwards movement to end above 2,157.09 is now expected to complete this consolidation, and it may end in just one day. Thereafter, it is expected...
by Lara | Sep 1, 2016 | S&P 500, S&P 500 + DJIA |
Overall downwards movement was again expected. Summary: Price may move a little higher tomorrow. There is divergence between price and VIX and the AD line suggests one or two days of upwards movement. Thereafter, some more downwards movement may be expected. Overall,...
by Lara | Aug 23, 2016 | S&P 500, S&P 500 + DJIA |
A short sharp thrust down was expected before price turned upwards, but this is not what happened. Price moved upwards at the start of the session. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. The...
by Lara | Aug 22, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price moved sideways to print a small green doji daily candlestick. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. The mid term targets are 2,332 or 2,445. If price...
by Lara | Aug 13, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday. A green candlestick was printed, but it was a small doji and did not make a new high. Price moved sideways. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,172. The...
by Lara | Aug 11, 2016 | S&P 500, S&P 500 + DJIA |
A little downwards movement to 2,171 – 2,168 was expected before the resumption of upwards movement. This is not what happened. Price moved upwards for the session and did not first make a new low. Summary: The trend remains the same, until proven otherwise....
by Lara | Aug 1, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement is choppy and overlapping indicating a diagonal. Summary: A consolidation may be completing for intermediate wave (2). Price should move overall upwards before turning and moving lower for a few days to end below 2,159.07. Last monthly chart for the...
by Lara | Jul 25, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement to below 2,168.98 but not below 2,159.75 was expected as most likely by the main Elliott wave count for Monday. Price moved lower to reach 2,161.94. Summary: A small pennant or Elliott wave triangle may have ended today. This should be followed by a...
