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...
by Lara | Dec 4, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had two hourly wave counts. The main hourly wave count was invalidated with movement below 1,787.85, and the alternate hourly wave count was confirmed. At the daily chart level the wave count remains mostly the same. It is now extremely...
by Lara | Oct 29, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had a main wave count at the daily and hourly chart level which expected more upwards movement. This is what has happened. We have not seen a trend change on 28th October, although we did reach the target at that date. We must always assume...
by Lara | Oct 8, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected the completion of a triangle before downwards movement. The triangle had already completed and Tuesday’s session began with downwards movement. Click on the charts below to enlarge. At 1,740 intermediate wave (C) would reach...
