by Lara | Jul 30, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement to about 2,175 or a little above was expected for Friday’s session. Price moved higher to reach 2,177.09. Summary: Upwards movement next week to a target at 2,231 is expected. This is supported by a short term bullish volume profile and an...
by Lara | Jul 27, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Wednesday’s session. Price whipsawed, invalidating both hourly Elliott wave counts, and closed only a little below the open for the day to overall move sideways. Summary: In the short term, an upwards swing should take price...
by Lara | Apr 21, 2016 | S&P 500, S&P 500 + DJIA |
Price moved lower as both hourly Elliott wave counts expected. At the close of the session, both hourly Elliott wave counts remain valid. Summary: It is possible that a high is in place, but we should always assume the trend remains the same until proven otherwise....
by Lara | Apr 5, 2016 | S&P 500, S&P 500 + DJIA |
A little downwards movement was expected for the session. This is what happened. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. The target is 2,124. The invalidation point for this rally...
by Lara | Mar 1, 2016 | S&P 500, S&P 500 + DJIA |
The alternate Elliott wave count allowing for more upwards movement was confirmed with a new high. Summary: The bounce is continuing higher as a double zigzag. The target for it to end is 2,004. If it ends tomorrow, it would total a Fibonacci 13 daily candlesticks....