by Lara | Feb 29, 2012 | S&P 500 |
The S&P 500 did move higher which is what we were expecting, but it still lacks momentum and upwards movement is not convincing. Our wave count sees an incomplete structure and we should expect this trend to continue for a while yet, towards our target. Click on...
by Lara | Feb 29, 2012 | DJIA
Elliott Wave chart analysis for the DJIA for 28th February, 2012. Please click on the charts below to enlarge. Main Wave Count This is the main daily wave count which sees waves W and X blue within wave (B) black as complete. Wave (B) black is expected to be unfolding...
by Lara | Feb 28, 2012 | S&P 500 |
The S&P 500 has moved higher, closer to our target. The structure is still incomplete and we should expect this trend to continue. Click on the charts below to enlarge. This main wave count follows on from our main historic monthly chart. It sees a flat...
by Lara | Feb 25, 2012 | S&P 500
With a new high above 1,367.76 the S&P 500 confirmed our main hourly wave count and invalidated our alternate. We have just one hourly wave count to end the trading week. We should expect this trend to continue towards our target. As more structure unfolds I will...
by Lara | Feb 23, 2012 | S&P 500
The S&P 500 has moved lower to start the session and then it moved higher thereafter. However, it has yet to make a new high above 1,367.76 and both our our hourly wave counts remain valid. We can look at the structure of Thursday’s movement on a 5 minute...
by Lara | Feb 22, 2012 | S&P 500
Slight downwards movement is within our allowable range for a small second wave correction, which has taken its time. Both our main and alternate hourly wave counts remain valid as we still have no confirmation of a trend change. When one or the other is invalidated...
by Lara | Feb 22, 2012 | S&P 500
Last analysis expected the S&P 500 to be highly likely to reach to 1,367 (or very slightly above) and then turn downwards. This is exactly what happened during Tuesday’s session. We have two hourly charts today and the only difference between them is the...
by Lara | Feb 22, 2012 | DJIA
Elliott Wave chart analysis for the DJIA for 21st February, 2012. Please click on the charts below to enlarge. Main Wave Count This monthly wave count sees the Dow within a double combination correction at dark yellow degree. Waves (w) and (x) dark yellow are...
by Lara | Feb 17, 2012 | S&P 500 |
As expected price has continued to move higher. We should expect this trend to continue towards our targets. We still have two daily wave counts, but the alternate has a much lower probability. We will use the invalidation point of the alternate daily wave count to...
