by Lara | May 4, 2016 | S&P 500, S&P 500 + DJIA |
A little upwards movement was expected to begin the session but did not happen. Price moved lower as the larger trend expected. Summary: The probability that the upwards wave is over and the next wave down has begun is very high indeed. If the bear wave count is right...
by Lara | May 4, 2016 | Nasdaq, Public Analysis |
Last Nasdaq analysis expected upwards movement to end at resistance at the bear market trend line. Price has turned short of the line. Summary: Nasdaq has had a trend change. The target for a third wave down is 3,227. It may be met in about another ten weeks. New...
by Lara | May 3, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected from both hourly Elliott wave counts. Summary: The probability that the upwards wave is over and the next wave down has begun is very high indeed. If the bear wave count is right (and it is supported by technical analysis), the target...
by Lara | May 2, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for the short term from both hourly Elliott wave counts. Summary: The probability that the upwards wave is over and the next wave down has begun is very high indeed. If the bear wave count is right (and it is supported by technical...
by Lara | Apr 30, 2016 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected downwards movement for Friday to a target at 2,046. Downwards movement unfolded as expected, but fell 6.28 points short of the target. Summary: The probability that the upwards wave is over and the next wave down has begun is very...
by Lara | Apr 28, 2016 | S&P 500, S&P 500 + DJIA |
So far it looks like the alternate hourly Elliott wave count may be right, but we still don’t have price confirmation. Both hourly charts will expect the same movement next for the short term. Summary: In the short term, a small fourth wave may move higher and...
by Lara | Apr 28, 2016 | S&P 500, S&P 500 + DJIA |
Another small range day for another doji, now four in a row. The squeeze on price should be over very shortly. Summary: The possibility of new highs will remain while price remains above 2,039.74. A breach of the support line at the daily chart level would indicate a...
by Lara | Apr 26, 2016 | S&P 500, S&P 500 + DJIA |
A very small range day to produce a small green doji sees both hourly Elliott wave counts remain valid. Price is squeezed between two trend lines. Summary: The possibility of new highs will remain while price remains above the support line / lower edge of the Elliott...
by Lara | Apr 25, 2016 | S&P 500, S&P 500 + DJIA |
Price moved lower to sit on the support line. How price behaves tomorrow now that the line is met will indicate which hourly Elliott wave count is more likely. Summary: The possibility of new highs will remain while price remains above the support line / lower edge of...
