by Lara | May 6, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement continued, as expected, reaching 3.07 points below the target which was at 2,071. Summary: The wave count now expects upwards movement to be extremely likely to move above 2,125.92 to avoid a truncation. Upwards movement is highly likely to only end...
by Lara | May 6, 2015 | Google
I noticed this trend line on Google. I call it Google’s “forever trend line”: I noticed also the general decline in volume for Google. A decline in volume while price rises is suspicious. I would expect Google to remain in a bull market and this...
by Lara | May 5, 2015 | S&P 500, S&P 500 + DJIA |
The main hourly Elliott wave count expected downwards movement which is what happened. Summary: It is most likely downwards movement will continue for at least one more day, and maybe two. The target remains the same at 2,071, with a limit at 2,013.27. Downwards...
by Lara | May 4, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement is not enough to invalidate or confirm any of the three hourly wave counts from last Elliott wave analysis. Summary: A new high above 2,125.92 would confirm the final fifth wave up is underway. While price remains below 2,125.92 it is possible that...
by Lara | May 2, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was unexpected for Friday and invalidated the hourly Elliott wave count. Summary: Both bull and bear wave counts expect an ending contracting diagonal is close to completion. I have three hourly charts: two which see minute wave iv incomplete and one...