by Lara | Jul 9, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s hourly wave count expected overall sideways movement: some upwards movement to complete a triangle to be followed by downwards movement as a fifth wave began. This is exactly what happened. Summary: The fourth wave may now be complete. The target for...
by Lara | Jun 29, 2015 | S&P 500, S&P 500 + DJIA |
The narrow channel on the hourly chart was never breached, so some downwards movement was expected to continue. However, a new low below 2,067.93 has invalidated the main Elliott wave count and confirmed the alternate Elliott wave count. Summary: A trend change at...
by Lara | Jun 26, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected for Friday, but this did not happen. However, the lower trend line on the hourly Elliott wave chart did work perfectly to show where downwards movement found support. Summary: The trend line on the hourly chart needs to be breached before...
by Lara | Jun 24, 2015 | Public Analysis, S&P 500, S&P 500 Historical |
Second S&P 500 Grand SuperCycle Elliott wave analysis, from 1871. Summary: This is my second attempt at a long term analysis for the S&P500; the two wave counts presented here are an improvement from the first attempt. The bull wave count ignores the...
by Lara | Jun 23, 2015 | Public Analysis, S&P 500, S&P 500 Historical |
S&P 500 Grand SuperCycle Elliott wave analysis, from 1871. Summary: The bear wave count has a better overall look. Bullish Wave Count Click chart to enlarge. The data prior to the inception of the S&P500 index is an amalgamation of the US stock market back...
by Lara | Jun 19, 2015 | S&P 500, S&P 500 + DJIA |
The main Elliott wave count expected upwards movement, but this is not what happened. Downwards movement remains above the invalidation point on the hourly Elliott wave chart. Summary: There is zero confirmation of a trend change from bull to bear. The main wave count...
by Lara | Jun 15, 2015 | S&P 500, S&P 500 + DJIA
Downwards movement was not expected from the main Elliott wave count, but it has not been enough to invalidate the main Elliott wave count at the hourly chart level. Summary: The main wave count assumes a bull market remains intact because we have zero confirmation of...
by Lara | Jun 11, 2015 | S&P 500, S&P 500 + DJIA |
I have found a more acceptable bull Elliott wave count which sees the ending diagonal incomplete. Bull Wave Count Click chart to enlarge. The ending contracting diagonal may be incomplete. The diagonal is still contracting. Minute wave iii is shorter than minute wave...
by Lara | Jun 8, 2015 | S&P 500, S&P 500 + DJIA |
The alternate Elliott wave count is looking increasingly likely, but it remains unconfirmed. Summary: The main wave count has further reduced in probability, but the alternate still requires confirmation. This is a big trend change, even for the bull wave count, and...
