by Lara | May 18, 2015 | FTSE, FTSE Historical, Public Analysis |
Charts only today. Click charts to enlarge. Bull Wave Count Bear Wave Count
by Lara | May 18, 2015 | Nasdaq, Public Analysis
This Elliott wave count presents the bull count first as more likely. While price remains above the bull trend line, I will assume that Nasdaq remains in a bull market. We should always assume the trend remains the same, until proven otherwise. Click charts to...
by Lara | May 17, 2015 | S&P 500, S&P 500 + DJIA |
The target for a small third wave at 2,135 was not met although price did move higher. The Elliott wave count remains the same. Summary: Upwards movement should continue next week. The target may now be calculated at two wave degrees giving a small range of 2,135...
by Lara | May 14, 2015 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected it was more likely for a third wave up to begin on Thursday which is exactly what happened. Summary: Overall upwards movement should continue until the upper pink i-iii trend line of the diagonal is overshot. The target...
by Lara | May 13, 2015 | S&P 500, S&P 500 + DJIA
Sideways movement fits both hourly Elliott wave counts. Summary: It is now more likely that minuette wave (b) was over two days ago and minuette wave (c) upwards has begun to 2,135. It is still possible but now less likely that minuette wave (b) will continue lower to...
by Lara | May 12, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement has deepened the correction, which remains above the trend line and invalidation point. Summary: It is fairly likely that minuette wave (b) is over and minuette wave (c) up has begun. The short term target is at 2,135 for upwards movement to end....
by Lara | May 11, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Monday, but this is not what happened. Some downwards movement was expected, but for later this week and not for Monday. The Elliott wave count remains the same. Summary: Downward movement for Monday is showing on the daily chart as a...
by Lara | May 9, 2015 | S&P 500, S&P 500 + DJIA
Overall upwards movement was again expected. Summary: Within minute wave v zigzag, the a wave is incomplete. A short term target for Monday is 2,130. Minuette wave (a) may find resistance at the upper i-iii trend line of the diagonal, and this may be where one to...
by Lara | May 7, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected from yesterday’s Elliott wave analysis. This is exactly what happened. Summary: The wave count expects upwards movement to continue for at least another week. Only when the i-iii trend line of the diagonal is overshot would the wave...