by Lara | May 4, 2016 | Nasdaq, Public Analysis |
Last Nasdaq analysis expected upwards movement to end at resistance at the bear market trend line. Price has turned short of the line. Summary: Nasdaq has had a trend change. The target for a third wave down is 3,227. It may be met in about another ten weeks. New...
by Lara | Apr 25, 2016 | FTSE |
FTSE moved higher as expected. Targets for it to end were about either 6,453 or 6,518. So far price has reached up to 6,421.98. Summary: FTSE is beginning to break below its trend channel, so FTSE may be turning. If the channel is breached, then the first target for a...
by Lara | Apr 20, 2016 | Nasdaq, Public Analysis |
Last Nasdaq analysis expected upwards movement to end about 4,784. This has not happened. Price continues to move upwards. Summary: Nasdaq is still in a bear market, until proven otherwise. A big third wave down is close. If this current bounce continues, it may end...
by Lara | Apr 18, 2016 | FTSE, FTSE Historical |
FTSE has been moving higher as this Elliott wave count expected. The questions today: Is upwards movement over? How will we know when there has been a trend change? Summary: This upwards movement for FTSE for the last 44 days is a bear market rally until proven...
by Lara | Apr 16, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
A little downwards movement was expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with a target just above 2,116.48. It may end next week. The upwards trend is very weak. To see last published monthly charts...
by Lara | Apr 14, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was again expected. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is underway with a target just above 2,116.48. It may end in just three more sessions on 19th April, 2016. The upwards trend is very weak. To...
by Lara | Apr 13, 2016 | S&P 500, S&P 500 + DJIA |
An upwards breakout was expected, but has come a day or so earlier than expected in yesterday’s analysis. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. A new high reasonably above...
by Lara | Apr 12, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Classic technical analysis changes the Elliott wave count at the hourly chart level. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. A new high reasonably...
by Lara | Apr 11, 2016 | S&P 500, S&P 500 + DJIA |
Sideways movement of the last two sessions looks like an Elliott wave contracting triangle. In the short term, the wave count is changed. In the mid term, the expected direction is the same. Summary: This is still a bear market rally until proven otherwise. A final...