by Lara | May 11, 2016 | FTSE, Public Analysis |
FTSE breached the channel confirming a trend change. Thereafter, it continued lower as expected. Summary: FTSE may have just begun a second wave correction. It may end in a few days about 6,279. But look out for surprises to the downside because it is possible it may...
by Lara | May 4, 2016 | Nasdaq, Public Analysis |
Last Nasdaq analysis expected upwards movement to end at resistance at the bear market trend line. Price has turned short of the line. Summary: Nasdaq has had a trend change. The target for a third wave down is 3,227. It may be met in about another ten weeks. New...
by Lara | Apr 20, 2016 | Nasdaq, Public Analysis |
Last Nasdaq analysis expected upwards movement to end about 4,784. This has not happened. Price continues to move upwards. Summary: Nasdaq is still in a bear market, until proven otherwise. A big third wave down is close. If this current bounce continues, it may end...
by Lara | Apr 16, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
A little downwards movement was expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with a target just above 2,116.48. It may end next week. The upwards trend is very weak. To see last published monthly charts...
by Lara | Mar 31, 2016 | FTSE, Public Analysis
Charts only today. WEEKLY ELLIOTT WAVE COUNT Click chart to enlarge. DAILY ELLIOTT WAVE COUNT Click chart to enlarge. Intermediate wave (2) is still most likely to end about the 0.618 Fibonacci ratio at 6,453. TECHNICAL ANALYSIS Click chart to enlarge. Chart courtesy...
by Lara | Mar 23, 2016 | FTSE, Public Analysis |
Summary: FTSE remains in a bear market: lower highs, lower lows, 200 day moving average still pointing lower, and price below the bear market trend line. WEEKLY ELLIOTT WAVE COUNT Click chart to enlarge. DAILY ELLIOTT WAVE COUNT Click chart to enlarge. The structure...
by Lara | Mar 16, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA, S&P 500 Historical |
A slight new high fits the bull and alternate bear Elliott wave counts best. The situation short term is slightly clearer. There will only be one bear Elliott wave count now. Summary: This is still a bear market rally until proven otherwise. The target remains at...
by Lara | Mar 9, 2016 | FTSE, Public Analysis |
Charts only today. A new high above 6,115.10 invalidated the last main Elliott wave count leaving only the alternate count. WEEKLY WAVE COUNT Click chart to enlarge. DAILY WAVE COUNT Click chart to enlarge.
by Lara | Mar 3, 2016 | Nasdaq, Public Analysis |
Last Nasdaq analysis was invalidated by upwards movement. Summary: Nasdaq is still in a bear market. A big third wave down is very close. If this current bounce continues, it may end about 4,784. New updates to this analysis are in bold. BULL WAVE COUNT MONTHLY CHART...