by Lara | Nov 30, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement in a slightly wider range remains above the invalidation point on the hourly chart. The Elliott wave count is changed slightly but the outlook is essentially the same. Summary: The trend is still down, but a bear market rally continues and is not...
by Lara | Nov 28, 2015 | S&P 500, S&P 500 + DJIA |
With price moving mostly sideways in a very small range due to a public holiday and NY open only half a day, the wave count is unchanged. Summary: The trend is still down, but a bear market rally continues and is not done yet. It may end at the end of next week. A new...
by Lara | Nov 25, 2015 | S&P 500, S&P 500 + DJIA |
A small inside day completes a doji candlestick, which fits the Elliott wave count. Summary: The trend is still down, but a bear market rally continues and is not done yet. It may end at the end of next week. A new high above 2,116 is expected. The target for this...
by Lara | Nov 25, 2015 | FTSE, Public Analysis |
I have only bear Elliott wave counts for FTSE. Summary: 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 bear. I have two wave counts for FTSE. Both see the all time high as a trend...
by Lara | Nov 24, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. A green candlestick completed and price remains above the invalidation point on the hourly chart. Some downwards movement during the session was allowed for. Summary: The trend is still down, but a bear market rally continues and is not...
by Lara | Nov 23, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. A small range day moved price a little lower. This still fits the wave count. Summary: The trend is still down, but a bear market rally continues and is not done yet. It may end at the end of this week or very early next week. A new high...
by Lara | Nov 20, 2015 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected. Summary: The trend is still down, but a bear market rally continues and is not done yet. It may end on Monday or Thursday next week. A new high above 2,116 is expected in the next few days now. If price moves above 2,122, then the...
by Lara | Nov 19, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price did move a little higher but completed an overall sideways day in a very small range. Summary: The trend is still down, but a bear market rally continues and is not done yet. A slight new high above 2,116 is expected in the next...
by Lara | Nov 18, 2015 | S&P 500, S&P 500 + DJIA |
A strong upwards day changes the Elliott wave count. Summary: The trend is still down, but a bear market rally continues and is not done yet. A slight new high above 2,116 is expected in the next few days now. Thereafter, the downwards trend should resume in force....