by Lara | Feb 16, 2012 | S&P 500 |
We expected upwards movement to a new high, and price has made a very slight new high, but this movement looks to be a continuing correction. The structure is still incomplete and we should see a continuation of this trend towards our targets. Click on the charts...
by Lara | Feb 15, 2012 | S&P 500
Movement below our very short term invalidation point has indicated that an upwards impulse was complete. Price remains above the lower invalidation point on the hourly chart and we have no indication of a trend change. We should always assume that the trend remains...
by Lara | Feb 13, 2012 | S&P 500
As expected the S&P 500 has moved higher and another small impulse is unfolding on the hourly chart. At this stage our target zone remains the same and it looks likely that it shall be reached. We still have two daily charts and we will use the invalidation point...
by Lara | Feb 13, 2012 | DJIA
Elliott Wave chart analysis for the DJIA for 13th February, 2012. Please click on the charts below to enlarge. Main Wave Count This monthly wave count sees the Dow within a double combination correction at dark yellow degree. Waves (w) and (x) dark yellow are...
by Lara | Feb 12, 2012 | S&P 500
Downwards movement during Friday’s session below 1,341.95 was unexpected and invalidated our hourly wave count. However, the structure remains incomplete. Our target is recalculated and we should expect it to be reached before we see a trend change. Click on the...
by Lara | Feb 9, 2012 | S&P 500
As expected the S&P 500 continues to move higher. It seems likely that our new target will be reached. We still have two daily charts and we can use the confirmation / invalidation point of difference between them to provide us with a high degree of confidence...
by Lara | Feb 9, 2012 | DJIA
The main Dow wave count has been invalidated which means that the long term outlook has changed. We provide a new wave count today starting with a monthly chart. Elliott Wave chart analysis for the DJIA for 8th February, 2012. Please click on the charts below to...
by Lara | Feb 9, 2012 | S&P 500 |
The S&P 500 has made a slight new high and closed close to where it opened. With more short term structure now clearer and complete I can refine the target for this movement to end. With the long held “primary 2 – 3” wave count of...
by Lara | Feb 7, 2012 | S&P 500 |
The Dow has broken above 12,876 and I expect what was our main wave count for the S&P 500 would be invalidated. I am switching today to the alternate wave count developed over the weekend, and this is our only wave count now. The mid to long term outlook is still...
