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)....
by Lara | Aug 25, 2014 | S&P 500, S&P 500 + DJIA
The upwards trend resumed for Monday as expected. The first target has a good probability. Summary: We may see a small red doji candlestick tomorrow for another small fourth wave correction. Overall this structure is incomplete and price should continue upwards for a...
by Lara | Jul 26, 2014 | S&P 500, S&P 500 + DJIA |
I had expected more upwards movement to a target at 2,009.86. This is not what happened. Movement below 1,979.91 invalidated the main hourly Elliott wave count. Summary: Another fourth wave correction may have arrived on Friday. This would be confirmed with movement...
by Lara | Jun 17, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis of SPX expected downwards movement towards a target at 1,912. This is not what happened. Upwards movement again has fallen short of the invalidation point. Summary: In the short term I expect a little upwards movement to end...
by Lara | May 21, 2014 | S&P 500, S&P 500 + DJIA |
A clear breach of the small channel on the hourly chart indicates that the third wave has begun. The target remains the same. Summary: The target for the next wave down is 1,822. This target should be met early to mid next week. I expect to see a strong increase in...
by Lara | Apr 23, 2014 | S&P 500, S&P 500 + DJIA
With price drifting sideways in a narrow range the wave counts all remain the same. Summary: A third wave downwards may have begun. It is either a third wave within an impulse, or a third wave of an ending expanding diagonal. I still want to see the channel on the...
by Lara | Apr 4, 2014 | DJIA, S&P 500, S&P 500 + DJIA |
Friday began with a little upwards movement which invalidated the hourly wave count. This wave then followed strong downwards movement which is what I had expected to see. Summary: It is likely now that upwards movement has ended for the mid term. I still want to see...
by Lara | Jan 24, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected choppy overlapping sideways movement for another day before the downwards trend resumed. This is not what happened, and the short term target for downwards movement at 1,803 was blitzed by strong downwards movement. The bearish...
