by Lara | Sep 5, 2017 | S&P 500, S&P 500 + DJIA |
A downwards swing was expected to begin the week. This is exactly what has happened. Summary: With the last wave up now looking very much like a three, have some confidence that primary wave 4 is underway. Look for price to move either sideways or lower with a lot of...
by Lara | Apr 18, 2017 | S&P 500, S&P 500 + DJIA |
Price has moved sideways to complete an inside day and close as a doji. Summary: A new alternate expects sideways movement for possibly up to another 22 sessions. If price remains above 2,327.58, this possibility will remain valid. The main wave count still expects a...
by Lara | Apr 12, 2017 | S&P 500, S&P 500 + DJIA |
Price is still range bound, testing support at today’s low. The breakout will come, and the longer price coils within this range the more violent the breakout may be. Summary: The main wave count expects an upwards breakout. The alternate expects a downwards...
by Lara | Mar 23, 2017 | S&P 500, S&P 500 + DJIA |
Price moved overall upwards with a higher high and a higher low for the session. Upwards movement was expected. Summary: Tomorrow may begin with a little downwards movement to end below 2,340.51 but not below 2,336.45. Thereafter, price should turn up and show some...
by Lara | Mar 4, 2017 | S&P 500, S&P 500 + DJIA |
An upwards day was expected for Friday. Price made a lower low and lower high, the definition of a downwards day, but the session closed green. Price remains above the near by invalidation point on the hourly Elliott wave count. Summary: Aggressive and more risk...
by Lara | Jan 25, 2017 | S&P 500, S&P 500 + DJIA |
Upwards movement has invalidated the main hourly Elliott wave count and confirmed an alternate. Summary: It is slightly more likely today that price has broken out upwards from a flag pattern. A target using the measured rule is 2,323 and an Elliott wave target is...
by Lara | Jul 20, 2016 | S&P 500, S&P 500 + DJIA |
In the very short term, sideways movement was expected for one or two sessions before the upwards trend resumed, but this did not happen. Price has moved higher. Summary: The trend is up and there is some small support today from volume. The target for a third wave to...
by Lara | Jun 29, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement broke above 2,050.37 indicating price should continue higher to 2,067. Upwards movement reached 2,073.13 for the session. Summary: In the short term, a correction looks to be complete. A third wave down should begin very soon, most likely tomorrow....
by Lara | Jun 24, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: In the short term, a bounce may arrive to move price higher Monday / Tuesday which if it is deep may end about 2,082. The mid term target for a third wave at minor degree is 2,000. The long term targets for primary wave 3 are...
