by Lara | Jul 13, 2016 | S&P 500, S&P 500 + DJIA |
Again, the two daily Elliott wave counts today are judged to have about an even probability. Assume the trend is the same, until proven otherwise. Summary: In the short term, assume the trend remains up while price remains within the channel on the hourly chart, and...
by Lara | Jul 13, 2016 | Dow Theory, S&P 500, S&P 500 + DJIA, S&P 500 Historical |
The two daily Elliott wave counts today are judged to have about an even probability. Assume the trend is the same, until proven otherwise. Summary: In the short term, assume the trend remains up while price is above 2,136.32. There is some bullishness today from...
by Lara | Jun 29, 2016 | GBPUSD |
Elliott wave and technical analysis charts only. MONTHLY CHART Click chart to enlarge. DAILY CHART Click chart to enlarge. VOLUME Click chart to enlarge. TECHNICAL Click chart to enlarge. Chart courtesy of StockCharts.com. This analysis is published @ 05:27 a.m....
by Lara | Jun 28, 2016 | EURUSD, FOREX |
Elliott wave charts only. Click chart to enlarge. Click chart to enlarge. Click chart to enlarge. This analysis is published @ 06:14 a.m. EST on 28th June, 2016.
by Lara | Jun 21, 2016 | S&P 500, S&P 500 + DJIA |
A small inside day remains below the invalidation point on both Elliott Wave hourly charts. Summary: A correction was still most likely over at the last high two days ago. A short term target for the next wave down is 1,987. Trading advice (not intended for more...
by Lara | Jun 20, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement unfolded as expected for the session. Summary: A correction most likely ended today with a throwback to test resistance at the black trend line on the daily chart. A short term target for the next wave down is 1,987. Trading advice (not intended for...
by Lara | Jun 12, 2016 | Trading Tips |
Your survival as a trader depends on how you manage risk. The single most important aspect of trading is risk management. Risk management is boring, overlooked by newbies, and ignored by the greedy. Greed without risk management will wipe out your account. The fact is...
by Lara | Jun 3, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement invalidated the main hourly Elliott wave count and confirmed the alternate, which was judged to have a very low (5%) probability. Summary: Divergence with price and VIX (inverted) supports a high in place today or very soon tomorrow. A third wave down...
by Lara | Jun 1, 2016 | S&P 500, S&P 500 + DJIA |
Price moved lower as expected but ended the session higher to complete a green candlestick. Price remained below the invalidation point on the hourly chart for the session. Summary: The wave count now expects to see a third wave down. The short term target is now at...
