by Lara | Dec 11, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for Wednesday’s session. Summary: We should always assume the trend remains the same, until proven otherwise. The trend is your friend. At this stage I will assume that a small second wave correction is unfolding, and the target...
by Lara | Nov 1, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. I can now calculate a target for the alternate bear wave count. Summary: Any movement above 2,019.26 would invalidate the main bear wave count and confirm the alternate. At that stage the target of upwards movement would be 2,044. The...
by Lara | Oct 22, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. This has been followed by a little downwards movement which still fits within this Elliott wave count perfectly. Summary: At least one more short upwards wave is required to complete the structure. The target is 1,971. Click on charts to...
by Lara | Oct 16, 2014 | S&P 500, S&P 500 + DJIA
A red candlestick was expected for Wednesday’s session. The targets were too high and the bear target was exceeded by 25.34 points. I am swapping over my bull and bear wave counts today, a week early, for several reasons. This analysis will outline those more...
by Lara | Jun 28, 2014 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis expected downwards movement. This is not what happened. Price moved higher but remains below the invalidation point. Summary: The downwards structure is giving cause for concern. I want to see price break below 1,925.78 to have any...
by Lara | Jun 14, 2014 | S&P 500, S&P 500 + DJIA
I had expected Friday to begin with a little upwards movement before the downwards trend resumed to the target at 1,920. Friday did begin with upwards movement, which lasted all session. Summary: In the short term I expect more downwards movement towards a target at...
by Lara | May 19, 2014 | S&P 500, S&P 500 + DJIA |
The small channel on the hourly chart was not breached and the second wave correction moved higher. I will continue to use the channel on the hourly chart for indication of when this correction is over. Summary: The target for the next wave down is 1,822. This target...
by Lara | May 7, 2014 | S&P 500, S&P 500 + DJIA |
Further downwards movement is either a small second wave correction which should be almost over, or the continuation of a triangle for a B wave. I have a new alternate hourly wave count for you. Summary: I expect the upwards trend to resume either tomorrow or within a...
by Lara | Apr 21, 2014 | S&P 500, S&P 500 + DJIA |
I had expected price to move move slightly higher to reach a little above 1,872.53 before turning down. Price did move higher but has not yet moved above 1,872.53. All three wave counts remain the same. Summary: Tomorrow I expect should begin with a slight new high...