by Lara | Apr 16, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
A little downwards movement was expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with a target just above 2,116.48. It may end next week. The upwards trend is very weak. To see last published monthly charts...
by Lara | Apr 14, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with a target just above 2,116.48. It may end in just three more sessions on 19th April, 2016. The upwards trend is very weak. To...
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 | Apr 12, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Classic technical analysis changes the Elliott wave count at the hourly chart level. 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...
by Lara | Apr 11, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement of the last two sessions looks like an Elliott wave contracting triangle. In the short term, the wave count is changed. In the mid term, the expected direction is the same. Summary: This is still a bear market rally until proven otherwise. A final...
by Lara | Mar 28, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price made a new high prior to the last trading day and closed above the last open. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. The target is 2,124. The...
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 | Mar 23, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement to about 2,035 was expected for Wednesday. Price moved lower to reach 2,034.86. Summary: This is still a bear market rally until proven otherwise. Today’s downwards day may have been day one of minor wave 4 which may continue lower / sideways...
by Lara | Mar 22, 2016 | S&P 500, S&P 500 + DJIA |
A small green doji for the session looks corrective. Summary: This is still a bear market rally until proven otherwise. Price may continue a little lower tomorrow to complete a small correction about 2,035. Thereafter, the upwards trend should resume to at least...