by Lara | Jul 9, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement for Friday was not what the Elliott wave count expected. Summary: The bear wave count will still be preferred while price has not made a new all time high. The target for a strong third wave down is at 1,281. The upwards trend is weak in volume,...
by Lara | Jul 7, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for the main Elliott wave count, but it was noted that volume strongly suggested some more upwards movement for Thursday’s session. Summary: Downwards movement should continue from here with lower lows and lower highs. A mid term...
by Lara | Jul 6, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Wednesday’s session, but this is not what happened. Price remains below the invalidation point on the hourly Elliott wave chart. Summary: Downwards movement should continue from here with lower lows and lower highs. In the...
by Lara | Jul 5, 2016 | S&P 500, S&P 500 + DJIA |
A little more upwards movement was expected as likely, but a warning was given that price looked weak. Downwards movement was not expected but was allowed for. Summary: Downwards movement should continue from here with lower lows and lower highs. A short term target...
by Lara | Jul 2, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday’s session. Price moved higher to complete a small green daily candlestick. Summary: In the short term, price may move yet a little higher early next week. Upwards movement looks to be very weak though, so it may end...
by Lara | Jun 30, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely for the session, but it was allowed that price could continue higher. Price remains below the invalidation point. Summary: In the short term, it looks like upwards movement is not quite over. But this upwards wave is very...
by Lara | Jun 29, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement broke above 2,050.37 indicating price should continue higher to 2,067. Upwards movement reached 2,073.13 for the session. Summary: In the short term, a correction looks to be complete. A third wave down should begin very soon, most likely tomorrow....
by Lara | Jun 29, 2016 | GBPUSD |
Elliott wave and technical analysis charts only. MONTHLY CHART Click chart to enlarge. DAILY CHART Click chart to enlarge. VOLUME Click chart to enlarge. TECHNICAL Click chart to enlarge. Chart courtesy of StockCharts.com. This analysis is published @ 05:27 a.m....
by Lara | Jun 28, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement unfolded for the session exactly as expected, ending almost at the target which was at 2,038.15. Summary: In the short term, some sideways movement is most likely to complete a fourth wave correction for another two or four days, with two more likely....
