by Lara | Dec 31, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Downwards movement did not invalidate the Elliott wave count at the hourly chart level. Summary: Downwards movement may end about 2,049 – 2,047. Thereafter, upwards movement should resume. The mid term target remains at 2,138....
by Lara | Dec 30, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement invalidated yesterday’s hourly Elliott wave count. The structure is incomplete though, and the target should still be met. Summary: The mid term target is now widened to a zone at 2,132 – 2,138. This may be met now in another 4 or 12...
by Lara | Dec 29, 2014 | S&P 500, S&P 500 + DJIA
Lara had expected upwards movement to end about 2,132. Price drifted upwards and target is yet to be met. Summary: Upwards movement should continue to the mid term target at 2,132. The mid term target may be met in another 5 or 13 trading days. Click on charts to...
by Lara | Dec 26, 2014 | S&P 500, S&P 500 + DJIA
I had expected a small correction to show on the daily Elliott wave chart and end about 2,065.04. It did unfold, but it was very brief and ended only at 2,081.86. Summary: Upwards movement should continue to the mid term target at 2,132. The mid term target may be met...
by Lara | Dec 24, 2014 | S&P 500, S&P 500 + DJIA
Again, upwards movement was expected. I warned yesterday that the short term target may be too optimistic, and it looks like it was. It will not be met… yet. The mid term target remains the same. Summary: In the short term I expect a small fourth wave correction...
by Lara | Dec 24, 2014 | Nasdaq, Public Analysis
Charts only today. Click on the charts below to enlarge. Main Wave Count Alternate Wave Count
by Lara | Dec 24, 2014 | FTSE, FTSE Historical, Public Analysis
During these last two months I’ve struggled with the FTSE Elliott wave count. Choppy overlapping movement has been and is very difficult to analyse. The trend remains the same, until proven otherwise. The trend is your friend. It’s Christmas Eve here now,...
by Lara | Dec 24, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was again expected. The upper edge of the black channel on the daily Elliott wave chart looks like it is again providing resistance. Summary: The short term target at 2,097 – 2,098 may be too optimistic. I expect another small green candlestick...
by Lara | Dec 22, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected. Summary: The short term target is at 2,097 – 2,098. This may be met in one or two days. The mid term target is at 2,132. This may be met in 9 or 17 days time. Click on charts to enlarge. Bull Wave Count I will favor neither the...