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 | Aug 13, 2014 | S&P 500, S&P 500 + DJIA |
A slight new high above 1,944.90 invalidated the main hourly Elliott wave count and confirmed the alternate hourly wave count. The alternate Elliott wave count expected not much more upwards movement, only sideways movement, which is what happened. Summary: This B...
by Lara | Aug 12, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected downwards movement for Tuesday’s session which is exactly what happened. Tuesday has closed with a small red candlestick on the daily chart. Summary: I expect downwards movement for another two days. Look for...
by Lara | Aug 11, 2014 | S&P 500, S&P 500 + DJIA
The main hourly Elliott wave count was correct. This fourth wave correction may end in another one to three days. I can now calculate a target for it to end. The Elliott wave structure remains the same. Summary: I expect downwards movement for one to three days to...
by Lara | Aug 9, 2014 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis expected upwards movement for Friday’s session to a short term target at 1,933. Upwards movement was exactly what happened, reaching 1,932.38. The Elliott wave structure remains the same. Summary: This fourth wave correction may end in...
by Lara | Aug 7, 2014 | FTSE, FTSE Historical, Public Analysis
Movement below 6,646.62 invalidated the last daily Elliott wave count. 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. Click on charts to...
by Lara | Aug 7, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
A new low and downwards movement still fits the current Elliott wave count. Summary: I expect that a low degree B wave has begun and may take about five to seven days in total to unfold. B waves exhibit the greatest variety in form and structure of all Elliott waves....
by Lara | Aug 2, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement continued as expected. The target at 1,922 – 1,921 was passed and exceeded by 4.63 points. I have two hourly Elliott wave counts for you today. Summary: It is most likely we shall see more downwards movement to begin the new trading week. The...
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....
