by Lara | Mar 20, 2012 | S&P 500 |
The S&P 500 moved lower during Tuesday’s session which was exactly what our last analysis expected. This is most likely another small degree fourth wave correction. The only question now is is it over? For an answer the 5 minute chart may provide...
by Lara | Mar 20, 2012 | DJIA, S&P 500 + DJIA
This analysis has previously been provided on this site for free. However, as of this date the weekly Dow analysis will be available for a very reasonable fee of $5 per month. We hope all our regular readers are comfortable with this charge, which will allow us to...
by Lara | Mar 19, 2012 | S&P 500
As expected the S&P 500 began Monday’s session with a little downwards movement, which completed a small triangle structure, and then price moved upwards out of the triangle. Upwards movement fell short of our short term target of 1,419 – 1,423 by 5...
by Lara | Mar 18, 2012 | S&P 500
As our main wave count expected the S&P 500 moved higher to end the trading week. Most of Friday’s sideways movement looks like a low degree fourth wave triangle unfolding when viewed on the 5 minute chart. I expect this structure will complete early on...
by Lara | Mar 15, 2012 | S&P 500 |
The S&P 500 moved higher as we expected. It slightly exceeded our short term target at 1,401, which we expected to be reached within another one to three sessions. Both our main and alternate wave counts expect exactly the same movement next as there is no...
by Lara | Mar 15, 2012 | DJIA
Elliott Wave chart analysis for the DJIA for 14th March, 2012. Please click on the charts below to enlarge. This main daily wave count sees wave (B) black as a double zigzag correction. With the new high set on the 13th is was clear that we have not seen a trend...
by Lara | Mar 14, 2012 | S&P 500 |
The S&P 500 moved slightly higher, which was expected after last analysis, and then completed a small three wave correction downwards. The short term target has been recalculated now that there is more structure to analyse. The new target has a high probability....
by Lara | Mar 14, 2012 | S&P 500
Movement to a new high has invalidated our hourly wave counts. We have very clearly not had a trend change as we did not get confirmation of this trend change, and the possibility of new highs did remain. I have reworked the main wave count. We shall continue to use...
by Lara | Mar 13, 2012 | S&P 500 |
Sideways and slightly lower movement for Monday’s session was mostly what we had expected from last analysis. We still have two wave counts and no confirmation yet of a possible trend change. We may use confirmation / invalidation points to work with these two...
