by Lara | Dec 3, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was not expected and invalidated the hourly Elliott wave counts. Summary: The trend is still down, but a bear market rally continues and is not done yet. It may end tomorrow. A new high above 2,116 is expected. The new target for this upwards...
by Lara | Dec 1, 2015 | S&P 500, S&P 500 + DJIA |
Sideways movement followed by a short upwards thrust was expected. This is somewhat what happened, but the Elliott wave triangle was invalidated. Summary: The trend is still down, but a bear market rally continues and is not done yet. It may end at the end of this...