by Lara | Aug 7, 2016 | FTSE, FTSE Historical |
Charts only this week. BEAR MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. DAILY ELLIOTT WAVE COUNT Click chart to enlarge. BULL MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. DAILY ELLIOTT WAVE COUNT Click chart to enlarge. TECHNICAL ANALYSIS Click chart to...
by Lara | Aug 5, 2016 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis concluded that upwards movement was most likely. This is what happened for Friday. Upwards movement was confirmed early in the session with a new high above 2,178.29. Summary: The upwards trend is continuing after a sideways consolidation,...
by Lara | Aug 4, 2016 | S&P 500, S&P 500 + DJIA |
Yesterday’s main Elliott wave count expected upwards movement, which is what has happened so far. Summary: Upwards movement is most likely next week. A new high above 2,178.29 would add confidence to this view. Alternatively, a new low now below 2,147.58 would...
by Lara | Aug 3, 2016 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected upwards movement for Wednesday’s session, which is what happened. Summary: This pullback is more likely to be over than to continue lower. A new high above 2,178.29 would add confidence to this view. Alternatively, a new low...
by Lara | Aug 2, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected before downwards movement, but this is not what happened. Price moved lower earlier than expected. Summary: The wave counts diverge strongly today. The main wave count requires confirmation with a new high above 2,178.29; if that...
by Lara | Aug 1, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement is choppy and overlapping indicating a diagonal. Summary: A consolidation may be completing for intermediate wave (2). Price should move overall upwards before turning and moving lower for a few days to end below 2,159.07. Last monthly chart for the...