by Lara | Feb 4, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement with lighter volume to complete a small green doji is weak. Targets and expectations remain the same. Summary: Price should move a little higher to complete a small correction when markets open tomorrow. Third waves often start out slowly with a...
by Lara | Jan 28, 2016 | S&P 500, S&P 500 + DJIA |
Again, sideways movement continues exactly as expected. Summary: This bounce is either another second wave correction or a fourth wave correction, and it should continue for a further two (more likely) or seven (less likely) trading sessions. If price moves higher...
by Lara | Jan 27, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement continues exactly as expected. Summary: This bounce is either another second wave correction or a fourth wave correction, and it should continue for a further three (more likely) or eight (less likely) trading sessions. If price moves higher from...
by Lara | Jan 11, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement continued as the preferred hourly chart expected. Summary: Divergence (slight) with RSI and VIX indicates this downwards move is over for now. This increases the probability of the leading diagonal scenario. If price breaks above the upper edge of...
by Lara | Jan 9, 2016 | S&P 500, S&P 500 + DJIA |
The first target for a short term interruption to the trend at 1,919 was met on Friday. Summary: This is not the end of the third wave yet although the short term target at 1,919 was met. The lower second target at 1,818 will be used. Downwards movement should...
by Lara | Jan 6, 2016 | S&P 500, S&P 500 + DJIA |
The preferred bear Elliott wave count is better supported by classic technical analysis. Summary: A downwards trend is still in place. The preferred bear wave count expects a big third wave is in the early stages. The final invalidation point is at 2,116.48. The...
by Lara | Jan 5, 2016 | S&P 500, S&P 500 + DJIA |
Again, there are three possibilities for downwards movement from the last major swing high of 3rd November. Again, I have three daily charts looking at three possibilities. Summary: A downwards trend is still in place. The preferred bear wave count expects a big third...
by Lara | Dec 23, 2015 | S&P 500, S&P 500 + DJIA |
A quick update of the preferred bear wave count at the hourly chart level only. My CMT ethics guidelines require me to notify members of any opportunity I see before I take advantage of it myself. If the bear wave count is right and a leading expanding diagonal is...
by Lara | Dec 19, 2015 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
This is the last analysis for 2015. The next analysis will be done after market close for Monday, 4th January, 2016. This analysis will cover the bigger picture at the monthly chart level and will provide as many alternate ideas as I can see (within reason) at the...