by Lara | Mar 9, 2016 | FTSE, Public Analysis |
Charts only today. A new high above 6,115.10 invalidated the last main Elliott wave count leaving only the alternate count. WEEKLY WAVE COUNT Click chart to enlarge. DAILY WAVE COUNT Click chart to enlarge.
by Lara | Mar 3, 2016 | Nasdaq, Public Analysis |
Last Nasdaq analysis was invalidated by upwards movement. Summary: Nasdaq is still in a bear market. A big third wave down is very close. If this current bounce continues, it may end about 4,784. New updates to this analysis are in bold. BULL WAVE COUNT MONTHLY CHART...
by Lara | Feb 25, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. An alternate Elliott wave count allowed for some more upwards movement. Summary: Upwards movement is still more likely over than not, but this is unconfirmed. A new low below 1,891 and below the channel on the hourly chart would...
by Lara | Feb 24, 2016 | S&P 500, S&P 500 + DJIA |
Again, downwards movement was expected. Price moved lower to make a lower low and a lower high. This fits the wave count. Summary: Upwards movement is still most likely over. A break now below the lower cyan trend line and below 1,891 would add substantial confidence....
by Lara | Feb 23, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but a new high to 1,948 – 1,950 was also considered a possibility first. This did not happen. Summary: Upwards movement is most likely over. A new low below 1,902.17 would provide reasonable confidence. A big third wave down is...
by Lara | Feb 22, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as expected from the last analysis. Summary: Upwards movement may be over here, or tomorrow may begin with a slight new high to 1,948 – 1,950. Today, it looks like the target at 1,987 was too optimistic and may not be reached. The...
by Lara | Feb 19, 2016 | S&P 500, S&P 500 + DJIA |
It was expected that price may move a little lower for Friday. This is what happened. Summary: There will be two expectations for this bounce: either one more day up to find resistance at the upper cyan trend line, or three days up to about 1,987. When the bounce is...
by Lara | Feb 18, 2016 | S&P 500, S&P 500 + DJIA |
Yesterday expected to see short term sideways / downwards movement for the hourly charts. This is what happened. Summary: The bear market rally still looks to be incomplete. Price may move a little lower tomorrow to find support at the lower cyan trend line. However,...
by Lara | Feb 18, 2016 | FTSE, Public Analysis |
Downwards movement was again expected for FTSE. Although upwards movement remains below the invalidation point and is just at the trend line, this market is not behaving as expected. I have a new alternate wave count which should be seriously considered. Summary: With...
