by Lara | May 14, 2015 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected it was more likely for a third wave up to begin on Thursday which is exactly what happened. Summary: Overall upwards movement should continue until the upper pink i-iii trend line of the diagonal is overshot. The target...
by Lara | Apr 11, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued, but remains below the invalidation point. Last Elliott wave analysis expected downwards movement to begin. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be downwards. I expect...
by Lara | Apr 6, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement confirmed the alternate hourly Elliott wave count which was judged to have about an even probability with the main Elliott wave count. Summary: In the short term a second wave correction may end about 2,092 tomorrow. Thereafter, downwards movement...
by Lara | Mar 30, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected for Monday. The invalidation point remains intact although the target at 2,072 was comfortably passed. Summary: The main wave count now requires downwards movement which must subdivide as an impulse and should show an increase in...
by Lara | Mar 26, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement favours the alternate Elliott wave count over the main Elliott wave count. Summary: Thursday’s candlestick overshoots but does not breach the lower 2-4 trend line. If tomorrow’s candlestick remains below and not touching that trend line,...
by Lara | Mar 19, 2015 | S&P 500, S&P 500 + DJIA
More upwards movement was expected, but I had not expected to see a red candlestick for another one or two days. Downwards movement remains above the invalidation point. Summary: The mid term target remains the same at 2,178 for primary wave 3 (or cycle wave b for the...
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 14, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected from the main Elliott wave count. Friday ended with a red candlestick, but price continues to find strong support at the two trend lines and remains above the invalidation points. Summary: The main wave count requires upwards movement on...
by Lara | Mar 12, 2015 | S&P 500, S&P 500 + DJIA |
An upwards bounce was expected. The green candlestick for Thursday’s session fits both Elliott wave counts. Summary: If upwards movement continues tomorrow the main wave count will increase in probability. The target at 2,178 may be met 25th March, give or take...
