by Lara | Aug 31, 2016 | S&P 500, S&P 500 + DJIA |
Overall downwards movement was expected. Summary: Overall, this week and maybe also next week should continue with downwards movement to end about 2,147.58. Downwards movement may be choppy, overlapping, and take its time. Last monthly chart for the main wave count is...
by Lara | Aug 30, 2016 | S&P 500, S&P 500 + DJIA |
A small downwards day fits for both hourly Elliott wave counts. Summary: Overall, this week and maybe also next week should continue with downwards movement to end about 2,147.58. Downwards movement may be choppy, overlapping, and take its time. Last monthly chart for...
by Lara | Aug 29, 2016 | S&P 500, S&P 500 + DJIA |
Some upwards movement was expected for a second wave. Price remains below the invalidation point. Summary: Overall, this week and maybe also next week should continue with downwards movement to end about 2,147.58. Downwards movement may be choppy, overlapping, and...
by Lara | Aug 28, 2016 | S&P 500, S&P 500 + DJIA |
Price moved lower. The main Elliott wave count was invalidated and an alternate Elliott wave count was confirmed. Summary: Overall, next week should continue with downwards movement to end about 2,147.58. On Balance Volume is giving a stronger bearish signal but VIX...
by Lara | Aug 10, 2016 | S&P 500, S&P 500 + DJIA |
In the short term, some downwards movement was expected for Wednesday’s session, which is exactly what happened. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above 2,147.58. In the short term, tomorrow may...
by Lara | Aug 9, 2016 | S&P 500, S&P 500 + DJIA |
Yesterday’s hourly Elliott wave count expected some upwards movement to end between 2,185.44 to 2,188.32, then downwards movement. Price began the session with upwards movement and reached 1,287.66 before turning downwards exactly as expected. Summary: The trend...
by Lara | Aug 8, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected to a target at either 2,192 or 2,199. The session began with a little upwards movement but only to 2,185.44 before turning down. Summary: The trend remains the same, until proven otherwise. Assume the trend is up while price is above...
by Lara | Aug 5, 2016 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis concluded that upwards movement was most likely. This is what happened for Friday. Upwards movement was confirmed early in the session with a new high above 2,178.29. Summary: The upwards trend is continuing after a sideways consolidation,...
by Lara | Aug 4, 2016 | S&P 500, S&P 500 + DJIA |
Yesterday’s main Elliott wave count expected upwards movement, which is what has happened so far. Summary: Upwards movement is most likely next week. A new high above 2,178.29 would add confidence to this view. Alternatively, a new low now below 2,147.58 would...
