by Lara | Jun 24, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected from yesterday’s technical anlaysis. Price has ended the session with strong downwards movement, but a new high was made first. This new high remains below the maximum level for the Elliott wave count. Summary: A new low below...
by Lara | Jun 21, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected from yesterday’s technical analysis. The Elliott wave structure is now complete and looks typical. Summary: With Friday’s volume spike providing the final requirement for this structure it may be that upwards movement ended on...
by Lara | Jun 19, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected from yesterday’s technical analysis. The Elliott wave structure is incomplete and price should continue up towards the target. Summary: In the short term I expect more upwards movement to a target at 1,964. The target may be met in...
by Lara | Jun 18, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis of the S&P 500 expected a little more upwards movement to end between 1,945 and 1,950. We did see upwards movement, but it was much more than expected and breached the invalidation point on the hourly chart. Summary: In the...
by Lara | Jun 17, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis of SPX expected downwards movement towards a target at 1,912. This is not what happened. Upwards movement again has fallen short of the invalidation point. Summary: In the short term I expect a little upwards movement to end...
by Lara | Jun 12, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Yesterday I expected a little upwards movement to about 1,949.63 before more downwards movement, but this did not happen. Downwards movement just continued, but this does still fit the wave count. Summary: A very clear breach of the channel on the hourly chart gives...
by Lara | Jun 12, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected. A breach of the small channel on the hourly chart fives a little confidence in the wave count at least for the mid term outlook. Summary: In the short term tomorrow I expect to see a little upwards movement to end about 1,949.63....
by Lara | Jun 10, 2014 | S&P 500, S&P 500 + DJIA |
Price has moved lower as expected, but has not yet provided any confirmation of a trend change. The wave count for the S&P 500 today remains the same, but comes with the qualifier that it requires confirmation. Summary: We may have seen the end to upwards...
by Lara | Jun 9, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
A little upwards movement to the short term target at 1,955 may have completed the structure. I have a monthly and weekly chart for you today to look at divergence and RSI. Summary: We may have seen the end to upwards movement for the mid term. In the first instance I...
