by Lara | Feb 5, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected for the main Elliott wave count. Summary: The trend is upwards and the breakout should come tomorrow. The short term target is at 2,080.. Click on charts to enlarge. Main Bull Wave Count I will favor neither the bull or bear wave count....
by Lara | Feb 2, 2015 | S&P 500, S&P 500 + DJIA |
S&P started the day by moving towards the downside, increasing the confidence in the main count, but price reversed direction ending the day near its highs. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed...
by Lara | Jan 29, 2015 | S&P 500, S&P 500 + DJIA |
Price has still not confirmed either Elliott wave count, and they both remain valid. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed with a new low below 1,988.12. The alternate must see upwards movement from here,...
by Lara | Jan 27, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected for Monday. The session did begin with downwards movement, but that was retraced to complete a green candlestick. Summary: The main wave count requires downwards movement from here. A new low below 1,988.12 would confirm the main count...
by Lara | Jan 13, 2015 | S&P 500, S&P 500 + DJIA |
The S&P 500 has yet to show signs of strength to resume its upwards trend. Subminuette wave ii proved that it has more to offer towards the downside before upwards trend resumption. Summary: We should keep in mind that the trend is our friend until proven...
by Lara | Jan 8, 2015 | S&P 500, S&P 500 + DJIA
Impulsive upwards movement was expected within minuette wave (iii) and the upwards trend has most likely resumed. Summary: The overall theme for today is that direction is still up. Upwards momentum should increase over the next few days and price must make new highs...
by Lara | Jan 8, 2015 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected before a resumption of the upwards trend, but a breach of the channel on the hourly chart indicated that downwards movement was over. Note: Nady Laymoud takes over presentation of the analysis tomorrow until 22nd January,...
by Lara | Dec 24, 2014 | Nasdaq, Public Analysis
Charts only today. Click on the charts below to enlarge. Main Wave Count Alternate Wave Count
by Lara | Dec 24, 2014 | FTSE, FTSE Historical, Public Analysis
During these last two months I’ve struggled with the FTSE Elliott wave count. Choppy overlapping movement has been and is very difficult to analyse. The trend remains the same, until proven otherwise. The trend is your friend. It’s Christmas Eve here now,...
