by Lara | Jan 5, 2012 | S&P 500
Price moved a little lower, below the short term invalidation point on the hourly chart, before turning upwards again. Wave 4 remains above the price territory of wave 1 and I expect this downwards movement at the start of Thursday’s session was an unexpected...
by Lara | Jan 4, 2012 | S&P 500
Price has ended close to where it opened for Wednesday’s session. Downwards movement was allowed for and has remained above our invalidation point. So far this upwards wave is unfolding mostly as expected and it seems likely that our target will be reached. We...
by Lara | Jan 3, 2012 | S&P 500
Elliott Wave chart analysis for the S&P 500 for 3rd January, 2012. Please click on the charts below to enlarge. Movement above 1,269.37 indicated our alternate hourly wave count was correct and we should expect more upwards movement. Movement above 1,277.55...
by Lara | Jan 3, 2012 | DJIA
[flashvideo file=wp-content/uploads/2012/01/djia03jan12.flv /] Edit: the alternate hourly wave count is now invalid because wave (iii) green may not be the shortest wave.
by Lara | Jan 3, 2012 | DJIA |
Elliott Wave chart analysis for the DJIA for 3rd January, 2012. Please click on the charts below to enlarge. Wave (2) black is seen as an incomplete double zigzag correction with a zigzag for wave W blue joined by a three for wave X blue. Within the last zigzag...
