by Lara | May 31, 2013 | Apple
Last analysis expected downwards movement which is not what happened. Price has moved higher, but has remained below the invalidation point on the daily chart so the wave count remains valid. This long deep upwards movement looks to be of a higher degree than...
by Lara | May 30, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement for Thursday’s session which is not what happened. Price has moved higher but remains well within the same small range it has been trading in over the last week, and the wave count still has a very typical...
by Lara | May 30, 2013 | Gold
Last week’s gold analysis expected downwards movement towards a target at 1,329. Price has not moved lower, but nor has it moved above the invalidation point at 1,419.78. Price has moved sideways for the week. Sideways movement looks like a contracting triangle....
by Lara | May 29, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more choppy overlapping movement. The hourly wave count expected price to move lower during Wednesday’s session as a corrective structure unfolded downwards. This is exactly what has happened. There is enough of this structure completed...
by Lara | May 29, 2013 | US Oil
Last analysis had two wave counts. They both remain valid. Price has remained below the invalidation point at 100.43. Click on the charts below to enlarge. This wave count sees US Oil in a third wave downwards at intermediate degree, within a primary wave C down....
by Lara | May 28, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more choppy, overlapping movement. This is what has happened for the start of the new week. Last analysis had a short term target for a little upwards movement to start the new week to 1,657. Upwards movement exceeded this target by 17.21 points...
by Lara | May 28, 2013 | Trading Tips
Set up the following indicators on a 15 minute chart: – Bollinger bands; 1 sd and 2 sd. – Elliott wave oscillator, or MACD (to use the histogram only). The sequence of steps is: 1. Get the expected direction from your Elliott wave count. On the hourly...
by Lara | May 25, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more choppy overlapping movement for Friday’s session which is mostly what happened. This correction is most likely incomplete. The wave count remains the same. Click on the charts below to enlarge. Within intermediate wave (C) minor wave...
by Lara | May 25, 2013 | DJIA, S&P 500 + DJIA
Last week’s analysis expected further upwards movement from the Dow which is what happened. Price has found resistance at the upper edge of a long held parallel channel on the monthly chart. The wave count is slightly changed at minor wave degree. The target is...