by Lara | Nov 13, 2015 | Nasdaq, Public Analysis |
Last Nasdaq analysis expected upwards movement to either 5,142 or 5,156. Price moved higher to reach 5,163 and has since turned down. To see monthly and weekly charts for bull and bear click here. New updates to this analysis are in bold. BULL WAVE COUNT DAILY CHART...
by Lara | Nov 12, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement confirmed a third wave down is underway. Summary: The trend is down. The alternate which allowed for more upwards movement has been invalidated. This may be a big third wave at intermediate degree unfolding. so expect any surprises to be to the...
by Lara | Nov 11, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement invalidated the hourly Elliott wave count. Summary: A new low below 2,050.09 would provide confidence in the expectation that a third wave down is underway. Short term, while price remains above 2,050.09, it is possible that a second wave correction...
by Lara | Nov 10, 2015 | S&P 500, S&P 500 + DJIA |
More downwards movement was expected but did not happen. Price moved mostly sideways in a small range to complete a green candlestick. Summary: More downwards movement is still expected. The first invalidation point on the hourly chart is very close by at 2,083.74....
by Lara | Nov 9, 2015 | S&P 500, S&P 500 + DJIA |
The Elliott wave count expected more downwards movement and that is what happened. Summary: More downwards movement is expected, The first invalidation point on the hourly chart is very close by at 2,083.74. The target for tomorrow is at 2,063. The wave count expects...
by Lara | Nov 7, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was again expected. Price has moved lower, but only sightly, and it looks unconvincing. Summary: Upwards movement is still very likely to be over. A new low below 2,083.74 at this stage would provide more confidence that the trend has changed. A new...
by Lara | Nov 5, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: Upwards movement is still very likely to be over. A new low below 2,058.84 would provide more confidence that the trend has changed. If a new high is seen, then the possible target for upwards movement to end remains at 2,121....
by Lara | Nov 4, 2015 | S&P 500, S&P 500 + DJIA |
The channel on the hourly chart is breached. Summary: Upwards movement is more likely now to be over. A new low below 2,058.84 would add full confidence that a new wave down has begun. If price moves to a new high tomorrow, the target for upwards movement to end is at...
by Lara | Nov 3, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected and price remains within the channel. The target at 2,107 was inadequate. Summary: Upwards movement may again be over, but this is unconfirmed. If price continues higher, a possible target for it to end is at 2,119 – 2,121. Only...
