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...
by Lara | Apr 10, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected and how the session began. Thereafter, downwards movement remained above the invalidation point on the hourly chart. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the...
by Lara | Mar 31, 2016 | FTSE, Public Analysis
Charts only today. WEEKLY ELLIOTT WAVE COUNT Click chart to enlarge. DAILY ELLIOTT WAVE COUNT Click chart to enlarge. Intermediate wave (2) is still most likely to end about the 0.618 Fibonacci ratio at 6,453. TECHNICAL ANALYSIS Click chart to enlarge. Chart courtesy...
by Lara | Mar 28, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Price made a new high prior to the last trading day and closed above the last open. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. The target is 2,124. The...
by Lara | Mar 24, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected to continue. This is what happened. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. On Balance Volume strongly suggests that downwards movement for Thursday...
by Lara | Mar 23, 2016 | FTSE, Public Analysis |
Summary: FTSE remains in a bear market: lower highs, lower lows, 200 day moving average still pointing lower, and price below the bear market trend line. WEEKLY ELLIOTT WAVE COUNT Click chart to enlarge. DAILY ELLIOTT WAVE COUNT Click chart to enlarge. The structure...
by Lara | Mar 23, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement to about 2,035 was expected for Wednesday. Price moved lower to reach 2,034.86. Summary: This is still a bear market rally until proven otherwise. Today’s downwards day may have been day one of minor wave 4 which may continue lower / sideways...
by Lara | Mar 22, 2016 | S&P 500, S&P 500 + DJIA |
A small green doji for the session looks corrective. Summary: This is still a bear market rally until proven otherwise. Price may continue a little lower tomorrow to complete a small correction about 2,035. Thereafter, the upwards trend should resume to at least...
by Lara | Mar 21, 2016 | S&P 500, S&P 500 + DJIA |
Again, upwards movement continues as expected. Summary: This is still a bear market rally until proven otherwise. Tomorrow may begin a small correction to last about one to three days which should remain above 2,018.91. Thereafter, the upwards trend should resume....
