by Lara | Feb 22, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected downwards movement from the S&P 500 for Thursday’s session, with a small correction along the way which should have finished during the session. This is exactly what happened. I have two wave counts. In the short term they expect...
by Lara | Feb 21, 2013 | S&P 500, S&P 500 + DJIA |
Price has moved lower invalidating both the main and alternate wave counts. I have two daily wave counts today. We can see a clear bearish engulfing candlestick reversal pattern on the daily chart. The question is whether this reversal is a short term correction or...
by Lara | Feb 21, 2013 | Gold, Gold Historical |
Last analysis of gold was on 25th January, 2012. That analysis expected a final upwards push to a target at 1,922 to 1,996. This did not happen and price has moved lower, although it has not breached the invalidation point on the weekly chart at 1,522.75. I am...
by Lara | Feb 20, 2013 | US Oil, US Oil Historical
My last oil analysis was over a year ago and it expected price to move lower. Price has mostly moved sideways in a decreasing range for the last year. My wave count at the monthly chart level is changed very little. I have a new monthly alternate. Click on the charts...
by Lara | Feb 20, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement to begin the new trading week, with an increase in upwards momentum. This is exactly what we have seen. Price has come to touch the upper edge of our wide parallel channel on the daily chart. The question now is can this...
by Lara | Feb 19, 2013 | Apple, Apple Historical
Last Elliott wave analysis of AAPL expected price to move lower which is what has happened. I have taken a closer look at the corrective structure and considered several possibilities. Today, I have two alternate wave counts for you. In the short term both wave counts...
by Lara | Feb 17, 2013 | DJIA, S&P 500 + DJIA
Last week’s analysis of the Dow expected to most likely see upwards movement for the week. A new high was made and price remained above the invalidation point on the main hourly wave count. This week I have one daily and two hourly wave counts for you. Click on...
by Lara | Feb 17, 2013 | S&P 500, S&P 500 + DJIA
Again the upwards movement expected for the S&P 500 did not happen. Price has moved sideways remaining above the invalidation point. The wave count is the same with just the one daily and one hourly chart. Click on the charts below to enlarge. The structure for...
by Lara | Feb 14, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement. Price began the session by moving lower and remained above the short term invalidation point. Thereafter, it turned upwards as expected. The wave count remains the same and I still have just the one daily and one hourly...