by Lara | May 26, 2015 | S&P 500, S&P 500 + DJIA |
The short term target for downwards movement at 2,103 was met and exceeded slightly by 3.73 points. Summary: A small fourth wave correction is incomplete; sideways movement may complete a small green candlestick or doji for tomorrow. The fourth wave may end about...
by Lara | Mar 18, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement and an increase in upwards momentum were expected for Wednesday’s session. The main Elliott wave count is confirmed at the hourly chart level. Summary: The next short term target is at 2,126 for the end of subminuette wave iii, where a small...
by Lara | Mar 3, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price moved lower to invalidate the main hourly Elliott wave count. Summary: The target remains the same at 2,133, but it may not be met in just two more sessions and looks like it will need a little longer to get there. I am still...
by Lara | Dec 1, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement has remained above the invalidation point and within the channel on the hourly chart. The Elliott wave count remains the same, but the target has been recalculated. Summary: One final small fifth wave is now all that is required to complete this...
by Lara | Nov 20, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick fits the Elliott wave count. Summary: The structure is still incomplete. I expect price to keep rising. The next likely target is at 2,079. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both...
by Lara | Aug 27, 2014 | S&P 500, S&P 500 + DJIA
Another small red doji indicates this small fourth wave correction was not over, which was expected to continue at least for the first part of Wednesday’s session. The wave count remains the same. Summary: In the short term I expect a little sideways movement to...
by Lara | Aug 13, 2014 | S&P 500, S&P 500 + DJIA |
A slight new high above 1,944.90 invalidated the main hourly Elliott wave count and confirmed the alternate hourly wave count. The alternate Elliott wave count expected not much more upwards movement, only sideways movement, which is what happened. Summary: This B...
by Lara | Jul 31, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected. We have a new low and a red candlestick. I have a new alternate wave count for you. Summary: Another fourth wave correction may have arrived last Friday. This would be fully confirmed with movement below 1,955.59. We may get this...
by Lara | May 12, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected. The targets remain the same. Summary: The first target is 1,911. The second target is 1,938. This analysis is published about 06:11 p.m. EST. Click on charts to enlarge. Bullish Wave Count. The aqua blue trend lines are critical. Draw...