by Lara | Sep 13, 2014 | S&P 500, S&P 500 + DJIA
The main hourly Elliott wave count expected more downwards movement which is what happened during Friday’s session. Both wave counts remain valid. Summary: Minute wave iv has now lasted six days and should continue for at least two more weeks. Overall, minute...
by Lara | Aug 21, 2014 | S&P 500, S&P 500 + DJIA
Price moved higher fitting yesterday’s alternate wave count better, but not quite enough for confirmation. When looking at the daily charts for the “right look” and trend lines, I decided to swap over the main and alternate Elliott wave counts....
by Lara | Aug 14, 2014 | Public Analysis, Russell 2000, Russell 2000 Historical
By request from a member here is an Elliott wave analysis of Russell 2000 using data from Yahoo Finance. Click on charts to enlarge. Data available extends back only to the end of 1987. Data begins with the 1987 “crash” which I am labeling a cycle degree...
by Lara | Jul 31, 2014 | S&P 500, S&P 500 + DJIA |
An increase in downwards momentum was expected for the main Elliott wave count. The target at 1,946 was exceeded. Summary: The fourth wave correction is confirmed. I expect downwards movement to continue tomorrow to a short term target at 1,922 – 1,921....
by Lara | Jul 18, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA |
The correction may now be complete. The target for the next wave up remains the same. Summary: I expect upwards movement from here towards 2,010. This may be met in another 23 trading days. Click on charts to enlarge. The aqua blue trend lines are critical. Draw the...
by Lara | Jul 11, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis had allowed for a correction for a small second wave to show up as a doji or green candlestick, and so the green candlestick for Wednesday’s session was anticipated. The Elliott wave count remains the same. Summary: I expect downwards...
by Lara | Jun 26, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave count expected downwards movement towards a short term target. Price has moved lower producing a red candlestick, and the channel on the hourly chart may be providing some resistance to upwards movement. Summary: A new low below 1,925.78...
by Lara | May 30, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was again expected. Movement remains contained within the small channel on the hourly chart. The target remains the same. Summary: Upwards movement is incomplete. The target is at 1,939 to 1,940 and this may be met in two more days / sessions. Upwards...
by Lara | May 14, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected. The second target is widened to a zone and now has a higher probability than the first target. Summary: The first target is 1,911. The second target is 1,931 to 1,938. At this stage I expect the second target has a higher probability....