by Lara | Sep 13, 2014 | S&P 500, S&P 500 + DJIA
The main hourly Elliott wave count expected more downwards movement which is what happened during Friday’s session. Both wave counts remain valid. Summary: Minute wave iv has now lasted six days and should continue for at least two more weeks. Overall, minute...
by Lara | Sep 13, 2014 | DJIA, S&P 500 + DJIA
Click on charts to enlarge. Bullish Wave Count. Bearish Wave Count.
by Lara | Sep 11, 2014 | S&P 500, S&P 500 + DJIA
Another green candlestick was unexpected, but price has found resistance at the upper edge of the parallel channel on the hourly chart. I have a new alternate hourly Elliott wave count for you today. Summary: If price moves above the upper edge of the base channel on...
by Lara | Sep 10, 2014 | S&P 500, S&P 500 + DJIA
Price began Wednesday’s session with a little more downwards movement. Thereafter, upwards movement is completing a green candlestick on the daily chart. The Elliott wave count remains the same as yesterday. Summary: The first five down within minute wave iv is...
by Lara | Sep 9, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected for Tuesday’s session. The invalidation point at 1,990.10 on the hourly chart was breached. The Elliott wave count is changed. Summary: I expect that minute wave iii is actually over sooner than expected. A clear breach of any...
by Lara | Sep 9, 2014 | S&P 500, S&P 500 + DJIA |
Monday completed a small red candlestick. On the hourly chart this movement fits perfectly as a complete first and second wave. Downward movement remains above the invalidation point, and found support at the lower edge of the channel on the hourly chart. Summary: The...
by Lara | Sep 6, 2014 | S&P 500, S&P 500 + DJIA
Friday began with a little downwards movement which breached the first invalidation point on the hourly Elliott wave chart. Thereafter, price turned upwards. The target is altered and now has a better probability. Summary: The target is now at 2,025 – 2,030. I...
by Lara | Sep 6, 2014 | DJIA, S&P 500 + DJIA
Click on charts to enlarge. Bullish Wave Count. Bearish Wave Count.
by Lara | Sep 5, 2014 | S&P 500, S&P 500 + DJIA |
Price moved sideways, remaining just above the invalidation point on the hourly chart. I am adjusting the Elliott wave count slightly today which makes the target zone narrower. Summary: If the target at 2,022 – 2,025 is met in two days time then this fifth wave...
