by Lara | Jun 9, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement did materialise as expected but not by much. Confirmation points have not been breached and price remains within the channel on the hourly chart. Summary: Price is persistently weak but no trend change is yet indicated. Earliest confidence in a...
by Lara | Jun 6, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. The main Elliott wave count was invalidated with a new high above 2,111.05. Summary: There is still weakness to upwards movement; a pullback is still expected sooner rather than later. How low the next wave down goes and how strong it...
by Lara | May 18, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected from the main Elliott wave count again yesterday, which is exactly what happened. Upwards movement during the session was also expected for a second wave bounce. Summary: The main wave count expects to see downwards movement accelerate...
by Lara | May 3, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected from both hourly Elliott wave counts. Summary: The probability that the upwards wave is over and the next wave down has begun is very high indeed. If the bear wave count is right (and it is supported by technical analysis), the target...
by Lara | Apr 30, 2016 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected downwards movement for Friday to a target at 2,046. Downwards movement unfolded as expected, but fell 6.28 points short of the target. Summary: The probability that the upwards wave is over and the next wave down has begun is very...
by Lara | Mar 9, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement for a small green daily candlestick still fits the Elliott wave count. Summary: The correction is still most likely over. Price confirmation that the correction is over is still required with a new low below 1,962.96. Upwards movement may continue...
by Lara | Oct 6, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement to 2,010 was expected by the first Elliott wave count to end a third wave. Price moved only very slightly higher, failing by a wide margin to reach the target, and ended lower for the day in a fourth wave correction for the main Elliott wave count....
by Lara | Sep 17, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued. Yesterday’s second wave count expected a little upwards movement, but the target at 2,003 was inadequate. Summary: The Dead Cat Bounce is either a fourth wave correction (from yesterday’s wave count) or a second wave correction...
by Lara | Aug 28, 2015 | S&P 500, S&P 500 + DJIA |
The Dead Cat Bounce continues. Summary: A Dead Cat Bounce is most likely still unfolding and may now end on Monday (Tuesday at the latest). The bounce looks more likely to be another deep second wave correction, so the next wave down may be more explosive than the...
