by Lara | Jan 31, 2012 | S&P 500
Movement slightly (1.35 points) above our short term invalidation point on the hourly chart has invalidated the downwards impulse movement we were expecting. Price remains below the invalidation point on the daily chart and the bigger picture remains intact;...
by Lara | Jan 30, 2012 | S&P 500 |
The S&P 500 continues to move lower as our wave count expects. We have some initial confirmation today of a trend change on the hourly chart and I can now calculate targets. We will have final confirmation of this trend change when the channel on the daily chart...
by Lara | Jan 30, 2012 | DJIA |
Elliott Wave chart analysis for the DJIA for 30th January, 2012. Please click on the charts below to enlarge. Wave (2) black is expected to be complete and has retraced 98.6% the length of wave (1) black. Wave (2) black is seen as a double zigzag correction. If wave...
by Lara | Jan 30, 2012 | DJIA |
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by Lara | Jan 28, 2012 | S&P 500 Historical |
Currently I have three wave counts on monthly charts. The first two differ only in the structure of the next movement as they are both expecting the same downwards direction to new lows. The second alternate I have developed in response to requests from members....
by Lara | Jan 28, 2012 | S&P 500
As expected price moved lower during Friday’s session, close to the lower edge of the parallel channel on the hourly chart but falling short of that trend line a little. If price breaks through this channel next week then our wave count will increase in...
by Lara | Jan 27, 2012 | Gold |
As requested from members, here are weekly and daily charts for gold. I will publish only charts and a brief explanation without video. Click on the charts below to enlarge. The target is calculated at intermediate and primary degree. Wave (3) black was just 0.36...
by Lara | Jan 26, 2012 | S&P 500
Exactly as we expected price moved higher to find resistance at the upper edge of the parallel channel on the hourly chart. From there price moved lower. We have only one daily and one hourly chart today. I am working on developing an alternate daily wave count which...
by Lara | Jan 26, 2012 | S&P 500 |
Price has again moved higher, which was what yesterday’s main hourly wave count expected. Movement to a new high has invalidated yesterday’s alternate wave count. We have only one hourly wave count left today. Click on the charts below to enlarge. Again,...