by Lara | May 22, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. A small red candlestick fits the Elliott wave count. Summary: The short term target is at 2,103 and may be met next week. The main wave count will remain relatively bullish while price remains above the long held bull trend line on the...
by Lara | May 21, 2015 | S&P 500, S&P 500 + DJIA |
Again upwards movement may be over, but confirmation is required. Summary: The trend channel on the hourly chart should be breached tomorrow, if there has been a trend change. While price remains within the channel on the hourly chart, it must be accepted that a...
by Lara | May 20, 2015 | S&P 500, S&P 500 + DJIA
Again upwards movement may be over, but confirmation is required. Summary: Again the structure of this contracting diagonal is complete. A breach of the channel on the hourly chart is absolutely required for confidence in a trend change at least at minute degree....
by Lara | May 19, 2015 | Public Analysis, S&P 500, S&P 500 + DJIA |
Upwards movement may now be over for the S&P. The Elliott wave structure is now complete, just short of the target at 2,135 to 2,137. Summary: Upwards movement may have ended on Tuesday slightly short of the target. A trend change, no matter what degree, still...
by Lara | May 18, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement for Monday is exactly what the Elliott wave count expected. The target remains the same. Summary: Upwards movement may end this week. The target may now be calculated at two wave degrees giving a small range of 2,135 – 2,137. The upper i-iii...
by Lara | May 18, 2015 | FTSE, FTSE Historical, Public Analysis |
Charts only today. Click charts to enlarge. Bull Wave Count Bear Wave Count
by Lara | May 18, 2015 | Nasdaq, Public Analysis
This Elliott wave count presents the bull count first as more likely. While price remains above the bull trend line, I will assume that Nasdaq remains in a bull market. We should always assume the trend remains the same, until proven otherwise. Click charts to...
by Lara | May 17, 2015 | S&P 500, S&P 500 + DJIA |
The target for a small third wave at 2,135 was not met although price did move higher. The Elliott wave count remains the same. Summary: Upwards movement should continue next week. The target may now be calculated at two wave degrees giving a small range of 2,135...
by Lara | May 14, 2015 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected it was more likely for a third wave up to begin on Thursday which is exactly what happened. Summary: Overall upwards movement should continue until the upper pink i-iii trend line of the diagonal is overshot. The target...
