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 3, 2014 | S&P 500, S&P 500 + DJIA |
A new high above 2,006.12 confirmed the main wave count and invalidated the alternate. The target zone remains the same and may be met in another three days time. Summary: If the target at 2,025 – 2,031 is met in three days time then this fifth wave will exhibit...
by Lara | Sep 2, 2014 | S&P 500, S&P 500 + DJIA
Although price began the new week with very slightly higher movement, the target has not been met and Tuesday’s small red candlestick indicates the target may not be met. I have two Elliott wave counts for you. The confirmation / invalidation points are very...
by Lara | Aug 30, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement for Friday was expected. The green candlestick for Friday’s session fits the Elliott wave count perfectly. The wave count remains the same. Summary: In the short term I expect upwards movement from here. The target can now be calculated at two...
by Lara | Aug 28, 2014 | S&P 500, S&P 500 + DJIA
I had again expected the small fourth wave correction to be over more quickly than it was, and for Thursday’s session to produce a green candlestick. The fourth wave continued and moved lower to complete a small red doji. The wave count remains the same....
by Lara | Aug 26, 2014 | S&P 500, S&P 500 + DJIA |
I had expected a small red doji for Tuesday’s session. We have something quite close to that, a small green gravestone doji. Summary: In the short term tomorrow I expect the session to begin lower to 1,995. Thereafter, the upwards trend should resume. Overall...
by Lara | Aug 26, 2014 | Apple, Apple Historical, Public Analysis
The wave count was invalidated with a new high above 100.72. Click on charts to enlarge. The bigger picture sees AAPL still within a third wave at primary degree, within a third wave at cycle degree, within a third wave at super cycle degree. Within primary wave 3 I...