by Lara | Mar 1, 2016 | S&P 500, S&P 500 + DJIA |
The alternate Elliott wave count allowing for more upwards movement was confirmed with a new high. Summary: The bounce is continuing higher as a double zigzag. The target for it to end is 2,004. If it ends tomorrow, it would total a Fibonacci 13 daily candlesticks....
by Lara | Feb 29, 2016 | Public Analysis, S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely. This is what happened. However, downwards movement has not yet passed the confirmation point below which confidence may be had in the Elliott wave count. Summary: More downwards movement is still most likely from here,...
by Lara | Jan 30, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was allowed for as one possibility within this bounce. Overall, this bounce is unfolding as expected. Summary: The bounce looks like a second wave double zigzag which is almost complete. If it ends with one more upwards day on Monday, it would total a...