by Lara | Oct 21, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: Both wave counts now expect downwards movement to continue for at least a few days. The target for the bear wave count is 1,778. The bull wave count may see a zigzag down for a C wave of a triangle which must end above...
by Lara | Oct 20, 2015 | S&P 500, S&P 500 + DJIA |
A channel breach indicates the zigzag is complete. Targets may now be calculated for the next wave. Summary: Both wave counts now expect downwards movement for at least a few days. The target for the bear wave count is 1,778. The bull wave count may see a zigzag down...
by Lara | Oct 19, 2015 | S&P 500, S&P 500 + DJIA |
The target for upwards movement to end was at 2,037. Price has moved slightly higher to reach 2,031.60, falling short of the target so far. Summary: The zigzag upwards may now be complete, or we may yet see a little more upwards movement before it is done. Price...
by Lara | Oct 16, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement continued which favours the bear Elliott wave count short term. The correction may be almost over and now a target may be calculated for it in which I have more confidence. Summary: A zigzag upwards may be almost complete. A target for it to end is at...
by Lara | Oct 15, 2015 | S&P 500, S&P 500 + DJIA |
Some upwards movement was expected for Thursday, but a little more downwards movement to 1,986 – 1,984 was expected first which did not happen. Summary: The S&P remains within a consolidation; the Elliott wave count has the consolidation as either a fourth...
by Lara | Oct 15, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was again expected for Wednesday. Summary: Short term this downwards movement may end tomorrow about 1,986 – 1,984. The next wave up is either a five wave structure for a C wave, or a B wave at three degrees. If the next wave up is a three,...
by Lara | Oct 14, 2015 | FTSE
There is only one Elliott Wave count for FTSE. Summary: I have only a bear wave count for FTSE. The bull wave count was invalidated. So far I have not been able to find other bull alternatives which fit. Of all the markets I currently analyse, FTSE is the clearest...
by Lara | Oct 13, 2015 | S&P 500, S&P 500 + DJIA |
Downwards / sideways movement was expected for Tuesday’s session to complete a red candlestick or doji. A red candlestick for Tuesday completed which fits the Elliott wave counts perfectly. Summary: The correction is incomplete. Downwards / sideways movement...
by Lara | Oct 12, 2015 | S&P 500, S&P 500 + DJIA |
A breach of the channel on the hourly chart may be taken as confirmation a correction has begun. Analysis this week will focus on identifying when the correction may be over. Summary: All three wave counts expect a sideways / downwards correction to develop from here...
