by Lara | Apr 27, 2015 | S&P 500, S&P 500 + DJIA |
Overall upwards movement was expected. Summary: The target for the main wave count is now at 2,187. The target for the more bullish alternate is first at 2,571. On the way up a new high above 2,253.79 would indicate the bull market should continue for longer, maybe...
by Lara | Apr 21, 2015 | S&P 500, S&P 500 + DJIA
Yesterday’s hourly chart expected Tuesday to begin with a little upwards movement to find resistance at the pink trend line, and thereafter it expected price to turn down. This is exactly what happened. Summary: The mid term target remains at 2,000 and may be...
by Lara | Apr 15, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement invalidated the main hourly Elliott wave count, but fits the alternate. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be downwards. I expect downwards movement to 2,000, but the upwards...
by Lara | Mar 17, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected towards the target. Another red candlestick looks like another second wave correction, and price remains above the invalidation point and above the lower blue trend line. Summary: The next short term target is at 2,111 for the end of...
by Lara | Feb 11, 2015 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Upwards movement was expected for Wednesday for both Elliott wave counts. Summary: The upwards trend should continue tomorrow. The short term target is either 2,098 (main wave count) or 2,133 (alternate wave count). I expect to see an increase in upwards momentum over...
by Lara | Jan 8, 2015 | S&P 500, S&P 500 + DJIA
Impulsive upwards movement was expected within minuette wave (iii) and the upwards trend has most likely resumed. Summary: The overall theme for today is that direction is still up. Upwards momentum should increase over the next few days and price must make new highs...
by Lara | Jan 7, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected, but with no confirmation that the upwards trend had resumed it was allowed for. Summary: A little more downwards movement to 1,989 may complete this correction. A breach of the channel on the hourly chart is still required before...
by Lara | Dec 16, 2014 | S&P 500, S&P 500 + DJIA
This downwards movement was expected to extend further, but it was interrupted by a quick upwards movement that invalidated the hourly Elliott wave count before downtrend resumption. Summary: The short term target is at 1,958, and should be met in the next 24 hours....
by Lara | Dec 5, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
A new high fits the Elliott wave count nicely. Downwards movement along the way up remains above the invalidation point. Summary: One final small fifth wave is now all that is required to complete this structure at primary (bull count) or cycle degree (bear count)....
