by Lara | Aug 13, 2014 | S&P 500, S&P 500 + DJIA |
A slight new high above 1,944.90 invalidated the main hourly Elliott wave count and confirmed the alternate hourly wave count. The alternate Elliott wave count expected not much more upwards movement, only sideways movement, which is what happened. Summary: This B...
by Lara | Aug 12, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected downwards movement for Tuesday’s session which is exactly what happened. Tuesday has closed with a small red candlestick on the daily chart. Summary: I expect downwards movement for another two days. Look for...
by Lara | Aug 11, 2014 | S&P 500, S&P 500 + DJIA
The main hourly Elliott wave count was correct. This fourth wave correction may end in another one to three days. I can now calculate a target for it to end. The Elliott wave structure remains the same. Summary: I expect downwards movement for one to three days to...
by Lara | Aug 9, 2014 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis expected upwards movement for Friday’s session to a short term target at 1,933. Upwards movement was exactly what happened, reaching 1,932.38. The Elliott wave structure remains the same. Summary: This fourth wave correction may end in...
by Lara | Aug 9, 2014 | DJIA, S&P 500 + DJIA
Click on charts to enlarge. Bullish Wave Count. Bearish Wave Count.
by Lara | Aug 7, 2014 | FTSE, FTSE Historical, Public Analysis
Movement below 6,646.62 invalidated the last daily Elliott wave count. I expect FTSE has seen a big trend change, but this is unconfirmed. Only when the channel on the monthly chart is clearly breached will I have confidence in this wave count. Click on charts to...
by Lara | Aug 7, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
A new low and downwards movement still fits the current Elliott wave count. Summary: I expect that a low degree B wave has begun and may take about five to seven days in total to unfold. B waves exhibit the greatest variety in form and structure of all Elliott waves....
by Lara | Aug 6, 2014 | S&P 500, S&P 500 + DJIA |
Price moved to a slight new low to touch the midline of the parallel channel on the hourly chart, exactly as expected. The Elliott wave count remains the same. Summary: I expect that a low degree B wave has just begun and may take about one to one and a half weeks to...
by Lara | Aug 5, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s main Elliott wave count expected a red candlestick and a new low for Wednesday’s session which is exactly what has happened. Because the alternate Elliott wave count was invalidated, today I have just one wave count. Summary: I expect a little...