by Lara | Nov 13, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected and ended at an expected line of support. Summary: The trend is down. The alternate which allowed for more upwards movement has been invalidated. This may be a big third wave at intermediate degree unfolding, so expect any surprises to...
by Lara | Nov 13, 2015 | Nasdaq, Public Analysis |
Last Nasdaq analysis expected upwards movement to either 5,142 or 5,156. Price moved higher to reach 5,163 and has since turned down. To see monthly and weekly charts for bull and bear click here. New updates to this analysis are in bold. BULL WAVE COUNT DAILY CHART...
by Lara | Nov 11, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement invalidated the hourly Elliott wave count. Summary: A new low below 2,050.09 would provide confidence in the expectation that a third wave down is underway. Short term, while price remains above 2,050.09, it is possible that a second wave correction...
by Lara | Nov 7, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was again expected. Price has moved lower, but only sightly, and it looks unconvincing. Summary: Upwards movement is still very likely to be over. A new low below 2,083.74 at this stage would provide more confidence that the trend has changed. A new...
by Lara | Nov 5, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: Upwards movement is still very likely to be over. A new low below 2,058.84 would provide more confidence that the trend has changed. If a new high is seen, then the possible target for upwards movement to end remains at 2,121....
by Lara | Nov 4, 2015 | S&P 500, S&P 500 + DJIA |
The channel on the hourly chart is breached. Summary: Upwards movement is more likely now to be over. A new low below 2,058.84 would add full confidence that a new wave down has begun. If price moves to a new high tomorrow, the target for upwards movement to end is at...
by Lara | Nov 2, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, but this was not what happened. Price moved higher and remains below the invalidation point for the bear wave count. Summary: The target is again 2,107 for upwards movement to end. Only when the channel on the hourly chart is clearly...
by Lara | Oct 28, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement to a target at 2,082 – 2,089 was expected. Price moved higher to reach up to 2,090.35. Summary: The structure of the final fifth wave is incomplete, at the hourly chart level, so yet more upwards movement is expected to a new target at 2,110...
by Lara | Oct 28, 2015 | Nasdaq |
Nasdaq has breached its bull market trend line by a close of more than 3% of market value. I have two Elliott wave counts today. The first is bullish, still at super cycle degree. The second expects Nasdaq is in the early stages of a huge market crash. To see detail...
