by Lara | Oct 17, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected for Thursday’s session to a target at 1,879.17. Price did move higher, reaching up to 1,876.01. I am changing my bullish Elliott wave count today. Summary: I expect tomorrow to begin with a little more upwards movement to 1,880....
by Lara | Oct 10, 2014 | FTSE, FTSE Historical, Public Analysis
Downwards movement invalidated the last wave count. FTSE may have had a cycle degree trend change, but this requires confirmation. If it is correct it should be confirmed within two weeks. Click on charts to enlarge. The bigger picture sees FTSE in a huge correction...
by Lara | Oct 2, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement has brought price to touch the upper aqua blue trend line. Summary: The situation is unclear, but the main wave count still has the better overall look. Movement above 1,964.04 would provide price confirmation that minute wave iv is over and minute...
by Lara | Oct 1, 2014 | Russell 2000, Russell 2000 Historical
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 second wave correction. A five wave impulse for a super cycle wave (I) ended in March, 2000. Ratios of...
by Lara | Sep 14, 2014 | FTSE, FTSE Historical, Public Analysis
A new high above 6,894.88 indicates FTSE has not had a big trend change. The upwards trend remains intact. Intermediate wave (5) is not over. Click on charts to enlarge. The bigger picture sees FTSE in a huge correction for a super cycle wave (II). Super cycle wave...
by Lara | Sep 9, 2014 | S&P 500, S&P 500 + DJIA |
Monday completed a small red candlestick. On the hourly chart this movement fits perfectly as a complete first and second wave. Downward movement remains above the invalidation point, and found support at the lower edge of the channel on the hourly chart. Summary: The...
by Lara | Sep 6, 2014 | S&P 500, S&P 500 + DJIA
Friday began with a little downwards movement which breached the first invalidation point on the hourly Elliott wave chart. Thereafter, price turned upwards. The target is altered and now has a better probability. Summary: The target is now at 2,025 – 2,030. I...
by Lara | Aug 27, 2014 | S&P 500, S&P 500 + DJIA
Another small red doji indicates this small fourth wave correction was not over, which was expected to continue at least for the first part of Wednesday’s session. The wave count remains the same. Summary: In the short term I expect a little sideways movement to...
by Lara | Aug 15, 2014 | FTSE, FTSE Historical, Public Analysis |
I expect FTSE has seen a big trend change, but this is unconfirmed. Only when the channel on the monthly chart is clearly breached will I have confidence in this wave count. In the short term I expect some more upwards movement to 6,836, but not above 6,894.88. Click...
