by Lara | Feb 17, 2014 | S&P 500, S&P 500 + DJIA |
This update is in response to the persistent insistence that the S&P 500 will make new highs. I tend to think that because this insistence, after 4 years and 11 months of a bull market, is so strong and so persistent, that it is therefore most likely wrong. At...
by Lara | Feb 9, 2014 | S&P 500, S&P 500 + DJIA |
I had expected downwards movement for Friday’s session. This is not what happened. The price point provided of 1,766.47 was not breached, and the small channel on the hourly chart was not breached, and so there was no confirmation that the downwards trend had...
by Lara | Feb 6, 2014 | S&P 500, S&P 500 + DJIA
I had expected choppy overlapping movement for the start of a second wave correction which is what happened. The wave count remains the same. Summary: A minor degree second wave has begun. I will expect choppy, overlapping movement for about one to two weeks. Tomorrow...
by Lara | Feb 5, 2014 | S&P 500, S&P 500 + DJIA |
I had expected a little more downwards movement to a short term target of 1,724 before the start of a new upwards trend at minor degree. This is not what happened. The new upwards trend had already arrived. The wave count remains the same. Summary: A minor degree...
by Lara | Feb 4, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
Movement below 1,770.45 has confirmed a trend change. The downwards trend is either a new cycle degree wave, or an intermediate degree correction. The wave count remains the same. Summary: The mid term picture is now clearer. Overall downwards movement is incomplete...
by Lara | Jan 29, 2014 | S&P 500, S&P 500 + DJIA
More downwards movement was expected to complete a red candlestick for Wednesday’s session, and this is what happened. The wave count remains the same. Summary: Downwards movement is almost over for now. The depth of the next upwards movement, and its structure,...
by Lara | Jan 28, 2014 | Apple |
Elliott Wave chart analysis for AAPL for 27th January, 2014. Please click on the charts below to enlarge. Main Wave Count. Any movement at all during regular trading hours below 513.74 would immediately invalidate this wave count. At that stage the alternate below...
by Lara | Jan 24, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected choppy overlapping sideways movement for another day before the downwards trend resumed. This is not what happened, and the short term target for downwards movement at 1,803 was blitzed by strong downwards movement. The bearish...
by Lara | Jan 21, 2014 | S&P 500, S&P 500 + DJIA |
Last analysis expected the new trading week to begin with some more downwards movement. The short term target was at 1,828. Price did move slightly lower but only to 1,832.38. Thereafter, price moved higher to complete a green candlestick for the day which was not...
