by Lara | Oct 18, 2014 | S&P 500, S&P 500 + DJIA
A little upwards movement to 1,880 was expected. Price moved a lot higher than this though, exceeding the target by 18.16 points. Summary: I expect downwards movement and a red candlestick for Monday’s session to a target at 1,805. If upwards movement breaches...
by Lara | Oct 14, 2014 | S&P 500, S&P 500 + DJIA
The target for the main Elliott wave count for downwards movement at 1,884 has been comfortably exceeded. The bearish wave count looks like it may be correct, but there is no confirmation of a huge trend change at this time. Summary: If the bull wave count is correct...
by Lara | Oct 3, 2014 | S&P 500, S&P 500 + DJIA
The upper aqua blue trend line has been breached for the first time since June 2013. I have two Elliott wave counts for you today for each of the bullish and bearish scenarios. Summary: The short term outlook looks a little clearer today. Downwards movement should...
by Lara | Oct 2, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement has brought price to touch the upper aqua blue trend line. Summary: The situation is unclear, but the main wave count still has the better overall look. Movement above 1,964.04 would provide price confirmation that minute wave iv is over and minute...
by Lara | Sep 9, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected for Tuesday’s session. The invalidation point at 1,990.10 on the hourly chart was breached. The Elliott wave count is changed. Summary: I expect that minute wave iii is actually over sooner than expected. A clear breach of any...
by Lara | Aug 30, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement for Friday was expected. The green candlestick for Friday’s session fits the Elliott wave count perfectly. The wave count remains the same. Summary: In the short term I expect upwards movement from here. The target can now be calculated at two...
by Lara | Aug 16, 2014 | S&P 500, S&P 500 + DJIA |
Price moved slightly lower overall for Friday to complete a red candlestick, which was expected for the main hourly Elliott wave count. The wave counts remain the same. Summary: It is still most likely that minuette wave (iv) is incomplete. I expect downwards movement...
by Lara | Aug 15, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected slight upwards movement to a short term target at 1,952. Price moved higher than expected reaching up to 1,955.23. Summary: It is still most likely that minuette wave (iv) is incomplete. I expect downwards movement to a...
by Lara | Jul 16, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. It subdivides as a five wave impulse on the five minute chart and so this fits the main wave count nicely. Summary: My main wave count which has a higher probability expects downwards movement to begin to show an increase in downwards...