by Lara | Jun 20, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement unfolded as expected for the session. Summary: A correction most likely ended today with a throwback to test resistance at the black trend line on the daily chart. A short term target for the next wave down is 1,987. Trading advice (not intended for...
by Lara | Jun 1, 2016 | S&P 500, S&P 500 + DJIA |
Price moved lower as expected but ended the session higher to complete a green candlestick. Price remained below the invalidation point on the hourly chart for the session. Summary: The wave count now expects to see a third wave down. The short term target is now at...
by Lara | Apr 25, 2016 | S&P 500, S&P 500 + DJIA |
Price moved lower to sit on the support line. How price behaves tomorrow now that the line is met will indicate which hourly Elliott wave count is more likely. Summary: The possibility of new highs will remain while price remains above the support line / lower edge of...
by Lara | Mar 5, 2016 | S&P 500, S&P 500 + DJIA |
Price moved higher to 2,009, above the target which was 2,002 or 2,004. Summary: Confirmation that the correction is over is required with a new low below 1,962.96. Upwards movement may continue while price remains above this point. A low below 1,962.96 by any amount...
by Lara | Feb 16, 2016 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected. The most likely point for it to end was expected to be 1,895. So far upwards movement has reached 1,895.77. Summary: The trend is down. Upwards movement is now reasonably likely to be over. A new low below 1,810.10 would confirm...
by Lara | Jan 16, 2016 | S&P 500, S&P 500 + DJIA |
Last analysis reminded members that the trend is still down. A new low below the August lows was expected. Summary: The trend is still down. When markets open on Tuesday a new low below 1,857.83 would be very bearish. If that happens, expect surprises to the downside....
by Lara | Jan 14, 2016 | S&P 500, S&P 500 + DJIA |
On the preferred hourly chart, upwards movement has breached the base channel but remains below the invalidation point. Summary: The trend is still down. Upwards movements are corrections against the trend. While price remains below 1,949.95 the preferred idea will...
by Lara | Mar 23, 2015 | S&P 500, S&P 500 + DJIA |
A slight new high was made before price turned down to complete a red candlestick. The short term target was not met. Summary: The target remains at 2,178 now calculated at two wave degrees. The upper blue 1-3 trend line should be overshot before this movement is...
by Lara | Feb 10, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Tuesday for both Elliott wave counts. Summary: The upwards trend should continue tomorrow. The short term target is either 2,098 (main wave count) or 2,133 (alternate wave count). Click charts to enlarge. Main Bull Wave Count I will...
