by Lara | Oct 10, 2015 | S&P 500, S&P 500 + DJIA |
Price moved a little higher and did not breach the channel on the hourly chart. The channel must be breached before this upwards wave is confirmed as complete. An alternate target is added for the possibility that it may continue further. Summary: The channel on the...
by Lara | Oct 8, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected although the target at 2,013 was inadequate. Summary: Upwards movement may be over for the short term. A downwards correction may begin tomorrow and would be confirmed with a breach of the trend channel on the hourly chart. The...
by Lara | Oct 7, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Wednesday’s session, but it did not happen. Price moved sideways and then ended with upwards movement. Summary: A short term target for upwards movement to end is at 2,013. When the channel on the hourly charts is breached by...
by Lara | Oct 7, 2015 | Nasdaq |
Nasdaq has breached its bull market trend line by a close of more than 3% of market value. I have two Elliott wave counts today. The first is bullish still at super cycle degree. The second expects Nasdaq is in the early stages of a huge market crash. Changes to last...
by Lara | Oct 6, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement to 2,010 was expected by the first Elliott wave count to end a third wave. Price moved only very slightly higher, failing by a wide margin to reach the target, and ended lower for the day in a fourth wave correction for the main Elliott wave count....
by Lara | Oct 6, 2015 | S&P 500, S&P 500 + DJIA |
More upwards movement was expected for Monday. Price reached well above the target. Summary: I’ve taken a big step back today to look at the bigger picture, resulting in a changed wave count. I am still confident the S&P remains in a bear market because of...
by Lara | Oct 3, 2015 | S&P 500, S&P 500 + DJIA |
More upwards movement to 1,963 was expected for Friday. It was stated in yesterday’s Elliott wave analysis that if the target was wrong, it may be too high. Price did move higher to reach 1,951.21. Summary: I expect more upwards movement for the next trading...
by Lara | Oct 1, 2015 | S&P 500, S&P 500 + DJIA |
A little upwards movement to 1,930 – 1,932 was expected. Price moved a little higher, reaching to 1,927.21 during the session. Summary: I expect more upwards movement tomorrow. The target for this correction to end is at 1,963, but that may be too high. When the...
by Lara | Sep 30, 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 invalided. 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 bear....
