by Lara | Sep 10, 2014 | S&P 500, S&P 500 + DJIA
Price began Wednesday’s session with a little more downwards movement. Thereafter, upwards movement is completing a green candlestick on the daily chart. The Elliott wave count remains the same as yesterday. Summary: The first five down within minute wave iv is...
by Lara | Sep 9, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected for Tuesday’s session. The invalidation point at 1,990.10 on the hourly chart was breached. The Elliott wave count is changed. Summary: I expect that minute wave iii is actually over sooner than expected. A clear breach of any...
by Lara | Sep 9, 2014 | S&P 500, S&P 500 + DJIA |
Monday completed a small red candlestick. On the hourly chart this movement fits perfectly as a complete first and second wave. Downward movement remains above the invalidation point, and found support at the lower edge of the channel on the hourly chart. Summary: The...
by Lara | Sep 6, 2014 | S&P 500, S&P 500 + DJIA
Friday began with a little downwards movement which breached the first invalidation point on the hourly Elliott wave chart. Thereafter, price turned upwards. The target is altered and now has a better probability. Summary: The target is now at 2,025 – 2,030. I...
by Lara | Sep 6, 2014 | DJIA, S&P 500 + DJIA
Click on charts to enlarge. Bullish Wave Count. Bearish Wave Count.
by Lara | Sep 5, 2014 | S&P 500, S&P 500 + DJIA |
Price moved sideways, remaining just above the invalidation point on the hourly chart. I am adjusting the Elliott wave count slightly today which makes the target zone narrower. Summary: If the target at 2,022 – 2,025 is met in two days time then this fifth wave...
by Lara | Sep 3, 2014 | DJIA, DJIA Historical, S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Below are charts which show recorded outbreaks of Ebola alongside stock market price movement. There appears to be a correlation between Ebola outbreaks and both the Dow and S&P. Ebola outbreaks occur close to the beginning of a market crash in 2000, 2008 and a...
by Lara | Sep 3, 2014 | S&P 500, S&P 500 + DJIA |
A new high above 2,006.12 confirmed the main wave count and invalidated the alternate. The target zone remains the same and may be met in another three days time. Summary: If the target at 2,025 – 2,031 is met in three days time then this fifth wave will exhibit...
by Lara | Sep 2, 2014 | S&P 500, S&P 500 + DJIA
Although price began the new week with very slightly higher movement, the target has not been met and Tuesday’s small red candlestick indicates the target may not be met. I have two Elliott wave counts for you. The confirmation / invalidation points are very...