by Lara | Apr 25, 2016 | FTSE |
FTSE moved higher as expected. Targets for it to end were about either 6,453 or 6,518. So far price has reached up to 6,421.98. Summary: FTSE is beginning to break below its trend channel, so FTSE may be turning. If the channel is breached, then the first target for a...
by Lara | Apr 23, 2016 | S&P 500, S&P 500 + DJIA |
Price moved lower to breach the short term invalidation point on the first hourly Elliott wave count and provide first confidence for the alternate hourly Elliott wave count. Summary: How price behaves on Monday, now that it is close to the support line, will indicate...
by Lara | Apr 21, 2016 | S&P 500, S&P 500 + DJIA |
Price moved lower as both hourly Elliott wave counts expected. At the close of the session, both hourly Elliott wave counts remain valid. Summary: It is possible that a high is in place, but we should always assume the trend remains the same until proven otherwise....
by Lara | Apr 21, 2016 | S&P 500, S&P 500 + DJIA |
There are two hourly Elliott wave counts with very important differences. The alternate is entirely possible and outlines confirmation points and trend channels. Summary: It is possible that a high is in place, but we should always assume the trend remains the same...
by Lara | Apr 20, 2016 | Nasdaq, Public Analysis |
Last Nasdaq analysis expected upwards movement to end about 4,784. This has not happened. Price continues to move upwards. Summary: Nasdaq is still in a bear market, until proven otherwise. A big third wave down is close. If this current bounce continues, it may end...
by Lara | Apr 20, 2016 | S&P 500, S&P 500 + DJIA |
The short term target on yesterday’s hourly chart was 2,103. This target was met. The high for the session was 2,104.05, just 1.05 points above the target. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with...
by Lara | Apr 18, 2016 | S&P 500, S&P 500 + DJIA |
Overall upwards movement was expected for Monday’s session from the main Elliott wave count. This is what happened. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with a target just above 2,116.48. It may end...
by Lara | Apr 18, 2016 | FTSE, FTSE Historical |
FTSE has been moving higher as this Elliott wave count expected. The questions today: Is upwards movement over? How will we know when there has been a trend change? Summary: This upwards movement for FTSE for the last 44 days is a bear market rally until proven...
by Lara | Apr 16, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
A little downwards movement was expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with a target just above 2,116.48. It may end next week. The upwards trend is very weak. To see last published monthly charts...