by Lara | Feb 10, 2016 | S&P 500, S&P 500 + DJIA |
Strong downwards movement was expected for Wednesday. Price began by moving higher and then completed the session by moving lower and printing a red candlestick. Summary: The trend is still down. A very strong third wave is most likely still building. Price should...
by Lara | Feb 5, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected to begin Friday’s session. This did not happen. Summary: Monday should see strong downwards movement. The target remains at 1,428 for the preferred bear wave count, or 1,693 for the less preferred bull wave count. To see...
by Lara | Feb 4, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement with lighter volume to complete a small green doji is weak. Targets and expectations remain the same. Summary: Price should move a little higher to complete a small correction when markets open tomorrow. Third waves often start out slowly with a...
by Lara | Jan 28, 2016 | S&P 500, S&P 500 + DJIA |
Again, sideways movement continues exactly as expected. Summary: This bounce is either another second wave correction or a fourth wave correction, and it should continue for a further two (more likely) or seven (less likely) trading sessions. If price moves higher...
by Lara | Jan 27, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement continues exactly as expected. Summary: This bounce is either another second wave correction or a fourth wave correction, and it should continue for a further three (more likely) or eight (less likely) trading sessions. If price moves higher from...
by Lara | Mar 12, 2015 | S&P 500, S&P 500 + DJIA |
An upwards bounce was expected. The green candlestick for Thursday’s session fits both Elliott wave counts. Summary: If upwards movement continues tomorrow the main wave count will increase in probability. The target at 2,178 may be met 25th March, give or take...
by Lara | Dec 19, 2014 | S&P 500, S&P 500 + DJIA
More upwards movement was expected. The target remains the same. Summary: The mid term target is at 2,132. This may be met in 10 or 18 days time. Click on charts to enlarge. Bull Wave Count I will favor neither the bull or bear wave count. Both are viable and both...
by Lara | Nov 28, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected to a short term target at 2,077. Price did begin Friday’s session with upwards movement to a new high, but fell 1.24 points short of the target. Thereafter, it turned lower for a small fourth wave correction which was expected....
by Lara | Nov 20, 2014 | S&P 500, S&P 500 + DJIA
The Elliott wave count is adjusted at the hourly and five minute chart level. The target remains the same. Summary: The structure is still incomplete. I expect price to keep rising. The next likely target is at 2,079. Click on charts to enlarge. Bull Wave Count I will...