by Lara | Jun 4, 2015 | S&P 500, S&P 500 + DJIA |
A little downwards and sideways movement was expected, but price moved lower than expected breaching the invalidation point at the hourly chart level. Summary: The triangle is invalidated. The bull wave count requires upwards movement tomorrow. The target for a final...
by Lara | Apr 14, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Tuesday. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be downwards. I expect downwards movement to 1,995 has begun this week, but the upwards sloping violet channel...
by Lara | Apr 8, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected. Price did make new lows beyond the prior day, but ended with upwards movement to complete a green candlestick. Upwards movement remains below the invalidation point, which is close by. Summary: I still expect a continuation of...
by Lara | Mar 16, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement is exactly as expected for Monday’s session. Summary: The next short term target is at 2,111 for the end of minuette wave (ii), where a small correction may begin. The mid term target remains the same at 2,178 for primary wave 3 (or cycle wave b...
by Lara | Jan 29, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for both Elliott wave counts. Summary: This is where the main and alternate wave counts diverge. The main wave count expects more downwards movement to 1,955. This would be confirmed with a new low below 1,988.12. The alternate expects...
by Lara | Dec 26, 2014 | S&P 500, S&P 500 + DJIA
I had expected a small correction to show on the daily Elliott wave chart and end about 2,065.04. It did unfold, but it was very brief and ended only at 2,081.86. Summary: Upwards movement should continue to the mid term target at 2,132. The mid term target may be met...
by Lara | Dec 18, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected a little more downwards movement to 1,958 before a trend change. This is not what happened. Price has moved higher. Summary: The wave counts now diverge. A new high above 2,034.17 would confirm the bull market is...
by Lara | Nov 17, 2014 | S&P 500, S&P 500 + DJIA
Sideways movement in a very small range for Monday leaves both the main and alternate Elliott wave counts exactly the same. Summary: A new high above 2,046.18 would confirm upwards movement should continue, and the first target is 2,049. If price keeps rising above...
by Lara | Aug 6, 2014 | S&P 500, S&P 500 + DJIA |
Price moved to a slight new low to touch the midline of the parallel channel on the hourly chart, exactly as expected. The Elliott wave count remains the same. Summary: I expect that a low degree B wave has just begun and may take about one to one and a half weeks to...
