by Lara | Oct 20, 2015 | S&P 500, S&P 500 + DJIA |
A channel breach indicates the zigzag is complete. Targets may now be calculated for the next wave. Summary: Both wave counts now expect downwards movement for at least a few days. The target for the bear wave count is 1,778. The bull wave count may see a zigzag down...
by Lara | Oct 19, 2015 | S&P 500, S&P 500 + DJIA |
The target for upwards movement to end was at 2,037. Price has moved slightly higher to reach 2,031.60, falling short of the target so far. Summary: The zigzag upwards may now be complete, or we may yet see a little more upwards movement before it is done. Price...
by Lara | Oct 16, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement continued which favours the bear Elliott wave count short term. The correction may be almost over and now a target may be calculated for it in which I have more confidence. Summary: A zigzag upwards may be almost complete. A target for it to end is at...
by Lara | Oct 15, 2015 | S&P 500, S&P 500 + DJIA |
Some upwards movement was expected for Thursday, but a little more downwards movement to 1,986 – 1,984 was expected first which did not happen. Summary: The S&P remains within a consolidation; the Elliott wave count has the consolidation as either a fourth...
by Lara | Oct 15, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was again expected for Wednesday. Summary: Short term this downwards movement may end tomorrow about 1,986 – 1,984. The next wave up is either a five wave structure for a C wave, or a B wave at three degrees. If the next wave up is a three,...
by Lara | Oct 14, 2015 | FTSE
There is only one Elliott Wave count for FTSE. Summary: I have only a bear wave count for FTSE. The bull wave count was invalidated. So far I have not been able to find other bull alternatives which fit. Of all the markets I currently analyse, FTSE is the clearest...
by Lara | Oct 13, 2015 | S&P 500, S&P 500 + DJIA |
Downwards / sideways movement was expected for Tuesday’s session to complete a red candlestick or doji. A red candlestick for Tuesday completed which fits the Elliott wave counts perfectly. Summary: The correction is incomplete. Downwards / sideways movement...
by Lara | Oct 12, 2015 | S&P 500, S&P 500 + DJIA |
A breach of the channel on the hourly chart may be taken as confirmation a correction has begun. Analysis this week will focus on identifying when the correction may be over. Summary: All three wave counts expect a sideways / downwards correction to develop from here...
by Lara | Oct 10, 2015 | S&P 500, S&P 500 + DJIA |
Price moved a little higher and did not breach the channel on the hourly chart. The channel must be breached before this upwards wave is confirmed as complete. An alternate target is added for the possibility that it may continue further. Summary: The channel on the...