by Lara | Dec 24, 2014 | FTSE, FTSE Historical, Public Analysis
During these last two months I’ve struggled with the FTSE Elliott wave count. Choppy overlapping movement has been and is very difficult to analyse. The trend remains the same, until proven otherwise. The trend is your friend. It’s Christmas Eve here now,...
by Lara | Dec 22, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected. Summary: The short term target is at 2,097 – 2,098. This may be met in one or two days. The mid term target is at 2,132. This may be met in 9 or 17 days time. Click on charts to enlarge. Bull Wave Count I will favor neither the...
by Lara | Dec 5, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
A new high fits the Elliott wave count nicely. Downwards movement along the way up remains above the invalidation point. Summary: One final small fifth wave is now all that is required to complete this structure at primary (bull count) or cycle degree (bear count)....
by Lara | Nov 27, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Another green candlestick and mostly sideways movement fits the Elliott wave count. The structure is managing to complete below the target, and may manage to end by the target. Summary: I expect upwards movement for tomorrow’s session to a short term target at...
by Lara | Nov 5, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement continued and a green candlestick fits the Elliott wave count perfectly. The target remains the same, but I am adding a second (lower probability) target for you today. Summary: The first target for this upwards movement to end is at 2,035. If price...
by Lara | Oct 30, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Downwards movement was expected, but both hourly Elliott wave counts were invalidated with movement above 1,991.40. Summary: The upwards structure is again incomplete. The target for more upwards movement to end is 2,012. If we see a new high above 2,019.26 the main...
by Lara | Oct 17, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected for Thursday’s session to a target at 1,879.17. Price did move higher, reaching up to 1,876.01. I am changing my bullish Elliott wave count today. Summary: I expect tomorrow to begin with a little more upwards movement to 1,880....
by Lara | Oct 10, 2014 | FTSE, FTSE Historical, Public Analysis
Downwards movement invalidated the last wave count. FTSE may have had a cycle degree trend change, but this requires confirmation. If it is correct it should be confirmed within two weeks. Click on charts to enlarge. The bigger picture sees FTSE in a huge correction...
by Lara | Oct 7, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Although some downwards movement was expected for Tuesday’s session, the target at 1,950 was comfortably passed. Summary: The correction is not yet over and price should continue a little lower tomorrow. If it breaks below 1,926.03 the wave count changes...
