by Lara | Nov 6, 2017 | Uncategorized |
Last analysis expected more upwards movement to begin the new trading week, which is what has happened. The Elliott wave target is just one point off a target using the measured rule and a reliable continuation pattern. Summary: The Elliott wave target is at 2,616 and...
by Lara | Nov 2, 2017 | Uncategorized |
For the short term, a small pullback was expected at the hourly chart level before price turned and moved upwards again. This is exactly what has happened for Thursday’s session. Summary: The Elliott wave target is at 2,616 and a target from a small pennant...
by Lara | Oct 30, 2017 | Uncategorized |
A small pullback remains above the invalidation points on the hourly charts. The main Elliott wave count is still strongly favoured by volume and On Balance Volume. Summary: The target is at 2,616. Volume and On Balance Volume support this view. The small pullback...
by Lara | Oct 16, 2017 | Uncategorized |
A new all time high to begin the new trading week continues the upwards trend, which is what the last Elliott wave and volume analysis expected. Summary: There is bearish divergence today with price and the AD line, RSI, Stochastics and volatility. While the trend...
by Lara | Oct 14, 2017 | Uncategorized |
More upwards movement was expected from the main hourly Elliott wave count and from the summary in last analysis. Summary: The correction may be over; while price remains above 2,548.31 now, this should be the expectation. The next target is at 2,602 to 2,614....
by Lara | Oct 12, 2017 | Uncategorized |
Another very slight new all time high continues the upwards trend today. Summary: The correction may be over; while price remains above 2,541.60 now, this should be the expectation. The next target is at 2,602 to 2,614. However, there is less bullishness and more...
by Lara | Oct 11, 2017 | Uncategorized |
Price has moved higher during Wednesday’s session. Summary: The correction may be over; while price remains above 2,544.86, this should be the expectation. The next target is at 2,602 to 2,614. Bullishness today from volume, On Balance Volume, and rising market...
by Lara | Oct 10, 2017 | Uncategorized |
For the very short term, a little upwards movement was expected for Tuesday’s session and this is what has happened. Tuesday put in a higher high and a higher low, closing as a doji, which is entirely normal within a correction. Summary: Two or five days of...
by Lara | Oct 9, 2017 | Uncategorized |
A breach of the small channel indicated the alternate hourly Elliott wave count should be used. Thereafter, downwards movement was expected. The candlestick has closed red today. Summary: A pullback or consolidation has most likely begun. It may be shallow, choppy,...
