by Lara | Dec 12, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement is showing increased momentum as expected. The bullish Elliott wave count is invalidated. Summary: A third wave down is still in the early stages. The first short term target for the middle of it to end is at 1,997. The second short term target is...
by Lara | Dec 10, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement fits the scenario presented for the preferred hourly bear Elliott wave count. Summary: A third wave down is most likely in the early stages. The target is 1,997 for the short term. The trend is down. Use resistance lines to show where corrections...
by Lara | Dec 10, 2015 | FTSE, Public Analysis
I have only bear Elliott wave counts for FTSE. Summary: FTSE may have today begun the middle of a third wave down. Both wave counts have a target for this downwards fall to end at 5,787. To see monthly and weekly charts and the bigger picture see last analysis here....
by Lara | Dec 9, 2015 | S&P 500, S&P 500 + DJIA |
A new low below 2,042.35 confirmed the scenario for the hourly bull Elliott wave count. Summary: A third wave down is most likely in the early stages. The target is 1,994. The trend is down. Use resistance lines to show were corrections against the trend may end. To...
by Lara | Dec 8, 2015 | S&P 500, S&P 500 + DJIA |
The preferred hourly bear Elliott wave count led the way today. The Elliott Wave counts are the same. Summary: The preferred hourly bear wave count expects upwards movement to 2,103.81 tomorrow. It may take two days to get there. If we see a new low below 2,042.35...
by Lara | Dec 7, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: This does not look like the start of a third wave down because volume is too light. What looks likely is today was part of a correction which may end with some upwards movement to end tomorrow above 2,093.84 but not above...
by Lara | Dec 5, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected but did not happen. The channel breach in the first hour of Friday’s session indicated a second wave correction had most likely arrived earlier than expected. Summary: A third wave down may begin on Monday. The short term target...
by Lara | Dec 4, 2015 | FTSE, Public Analysis |
I have only bear Elliott wave counts for FTSE. Summary: FTSE may have today begun the middle of a third wave down. Both wave counts have a target for this downwards fall to end at 5,787. To see monthly and weekly charts and the bigger picture see last analysis here....
by Lara | Dec 3, 2015 | S&P 500, S&P 500 + DJIA |
A new low below 2,066.69 invalidated the hourly Elliott wave counts. At that stage, a third wave down was expected to be in the early stages. Summary: A third wave has most likely begun. I cannot see a five down complete yet on the hourly chart, so more downwards...