by Lara | Jul 9, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s hourly wave count expected overall sideways movement: some upwards movement to complete a triangle to be followed by downwards movement as a fifth wave began. This is exactly what happened. Summary: The fourth wave may now be complete. The target for...
by Lara | Jul 8, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was expected for the alternate Elliott wave count, but not the main. Price remains above the invalidation point on the main Elliott wave count and below the invalidation point on the alternate. Summary: There is now clearly a close more than 3% of...
by Lara | Jul 7, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected. Although Tuesday completed a green candlestick, downwards movement during the day breached the invalidation point on the hourly chart. Summary: A new high above 2,129.87 would confirm the main wave count. A new low below 2,022.07 is...
by Lara | Jul 6, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but did not happen. Price remains above the invalidation point on the hourly chart and has found support at the lower diagonal trend line on the daily chart. Summary: Upwards movement should continue overall for several days yet. A new...
by Lara | Jul 2, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected, but although price made a new high the day completed a red candlestick. Price remains above the invalidation point on the hourly chart. Summary: Upwards movement should continue overall for several days yet. A new high above 2,099.18...
by Lara | Jul 1, 2015 | S&P 500, S&P 500 + DJIA |
The Elliott wave count expected downwards movement, but this is not what happened. Summary: Upwards movement should continue overall for several days yet. A new high above 2,099.18 would confirm the main wave count. A new low below 2,022.07 is required for initial...
by Lara | Jun 30, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
The wave count expected downwards movement. Although a slight new low was made, the day completed a green candlestick. Summary: We should always assume the trend remains the same until proven otherwise. I have a new wave count. The new wave count expects the ending...
by Lara | Jun 29, 2015 | S&P 500, S&P 500 + DJIA |
The narrow channel on the hourly chart was never breached, so some downwards movement was expected to continue. However, a new low below 2,067.93 has invalidated the main Elliott wave count and confirmed the alternate Elliott wave count. Summary: A trend change at...
by Lara | Jun 28, 2015 | Nasdaq, Public Analysis
(Mostly) charts only today. Bull Wave Count Click chart to enlarge. Click chart to enlarge. Click chart to enlarge. Intermediate wave (2) may not move beyond the start of intermediate wave (1) below 4,116.60. However, if the bull trend line (aqua blue) is breached by...
