by Lara | Jan 25, 2012 | S&P 500 |
Tuesday’s session began as we had expected with a little downwards movement, which was over within 5 minutes, and ended 0.94 points below our short term target. Thereafter, price has turned back upwards as expected. With more structure to analyse, the upwards...
by Lara | Jan 23, 2012 | DJIA
Elliott Wave chart analysis for the DJIA for 23rd January, 2012. Please click on the charts below to enlarge. Wave (2) black is seen as a complete double zigzag correction with a zigzag for wave W blue joined by a three for wave X blue and a second zigzag for wave Y...
by Lara | Jan 23, 2012 | DJIA
[flashvideo file=wp-content/uploads/2012/01/djia23jan12.flv /]
by Lara | Jan 21, 2012 | S&P 500
Upwards movement has reached to 1,315.49, 4.49 points above our target. We have three alternate hourly wave counts today: one which sees this trend as over and two which allow for further upwards movement. We can use invalidation and confirmation points to work with...
by Lara | Jan 19, 2012 | S&P 500 |
The S&P 500 has moved higher to the target from our last analysis. We did however first expect a correction before the upwards movement to the target. Both wave counts from yesterday remain valid and we present a third possible hourly wave count that expects a...
by Lara | Jan 18, 2012 | S&P 500 |
The S&P 500 has not done exactly as expected and it now seems that the upwards movement may unfold as an ending diagonal structure indicating slow upwards gains. Click on the charts below to enlarge. Price continues to move overall higher about the mid line of the...
by Lara | Jan 17, 2012 | S&P 500
Analysis for the next two sessions will be done by Hugo Venter. I will be away from home on a small island without Internet coverage. I will converse with Hugo in the afternoon of the next New York session (Wednesday’s session) and give him my thoughts on that...
by Lara | Jan 16, 2012 | S&P 500
Dear Members, New York is closed for Monday 16th January in observance of Martin Luther King Jr. day. There is no New York session data to analyse. The next analysis will be published as usual for Tuesday’s trading session.
by Lara | Jan 14, 2012 | S&P 500 |
We had expected upwards movement as most likely for Friday’s session and this is not what happened. However, price remains above the invalidation point, the wave count remains valid, and we should expect this trend to continue as expected next week. There is a...
