by Lara | Apr 13, 2016 | S&P 500, S&P 500 + DJIA |
An upwards breakout was expected, but has come a day or so earlier than expected in yesterday’s analysis. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. A new high reasonably above...
by Lara | Mar 24, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected to continue. 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. On Balance Volume strongly suggests that downwards movement for Thursday...
by Lara | Feb 23, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but a new high to 1,948 – 1,950 was also considered a possibility first. This did not happen. Summary: Upwards movement is most likely over. A new low below 1,902.17 would provide reasonable confidence. A big third wave down is...
by Lara | Feb 13, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement for Friday was expected. Summary: The trend is down. This upwards movement is a correction against the trend. In the short term, a Dead Cat Bounce may end in another two or four days (most likely – but this is not definitive) and should find...
by Lara | Feb 12, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. The short term target at 1,800 was not met, but price has moved lower. Summary: In the short term, we may see a bounce here to again test the lower cyan trend line. A new high above 1,881.6 would confirm that a bounce is underway. It...
by Lara | Jan 11, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement continued as the preferred hourly chart expected. Summary: Divergence (slight) with RSI and VIX indicates this downwards move is over for now. This increases the probability of the leading diagonal scenario. If price breaks above the upper edge of...
by Lara | Jan 6, 2016 | S&P 500, S&P 500 + DJIA |
The preferred bear Elliott wave count is better supported by classic technical analysis. Summary: A downwards trend is still in place. The preferred bear wave count expects a big third wave is in the early stages. The final invalidation point is at 2,116.48. The...
by Lara | Dec 17, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a downwards trend should be assumed to remain in place while price remains below 2,093.84. We have another strong downwards day to complete another bearish engulfing candlestick pattern. This fits the Elliott wave count. Summary: A...
by Lara | Dec 14, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement is showing increased momentum as expected. I have a new bullish Elliott wave count. Summary: A third wave down is underway and the structure remains incomplete. I expect a further increase in downwards momentum. The target remains at 1,850. To see...
