by Lara | Dec 23, 2017 | Bitcoin
(This analysis was published previously on Elliott Wave Gold. It is published here for Elliott Wave Stock Market members.) Has the Bitcoin bubble burst? I look at price and volume, along with trend lines, to answer this question. Last analysis stated: “Instead...
by Lara | Dec 23, 2017 | S&P 500, S&P 500 + DJIA |
A small correction was expected to continue. With price moving slightly lower and closing as a small doji candlestick for Friday’s session, this is what is happening. Summary: A small fourth wave correction may continue for a few more days overall, and may...
by Lara | Dec 21, 2017 | Public Analysis, S&P 500, S&P 500 + DJIA |
A small bounce was expected for the very short term for today’s session. This is exactly what happened. Summary: A small fourth wave correction may continue for a few more days overall, and may end within the fourth wave of one lesser degree price territory from...
by Lara | Dec 20, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement for Wednesday’s session has closed the last gap, which must now be considered as an exhaustion gap. A new Elliott wave count with excellent Fibonacci ratios, and a new short term target, is presented today. Summary: A small fourth wave...
by Lara | Dec 19, 2017 | S&P 500, S&P 500 + DJIA |
Downwards movement for Tuesday’s session remains above the invalidation point on the hourly chart. A new alternate wave count is today presented for consideration. Summary: The target for minor wave 3 to end is at 2,833. But if this is wrong, it may now be too...
by Lara | Dec 18, 2017 | S&P 500, S&P 500 + DJIA |
Price continues to move higher towards the targets calculated. Summary: Upwards movement from the end of intermediate wave (2) on the 4th of November, 2016, is today totally reanalysed. The new target for minor wave 3 to end is now at 2,833. Minor wave 4 may last a...
by Lara | Dec 16, 2017 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected more upwards movement. A new all time high adds confidence to the target. Summary: The target remains at 2,773. The market is overbought and overstretched at the daily and weekly chart levels, but there are no bearish signals yet...
by Lara | Dec 14, 2017 | S&P 500, S&P 500 + DJIA |
Last analysis expected at least a little more downwards movement for Thursday’s session. The main hourly chart expected movement to about 2,654, and the low for the session was just below this point at 2,652.10. A candlestick reversal pattern on the S&P and...
by Lara | Dec 13, 2017 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a little upwards movement to a short term target at 2,672, to then be followed by a pullback. Price began the session with a new high to 2,671.88 and from there turned downwards to complete a red daily candlestick. Summary: For the...
