by Lara | Jun 8, 2015 | S&P 500, S&P 500 + DJIA |
The alternate Elliott wave count is looking increasingly likely, but it remains unconfirmed. Summary: The main wave count has further reduced in probability, but the alternate still requires confirmation. This is a big trend change, even for the bull wave count, and...
by Lara | May 28, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Summary: The next move for the S&P may be a strong third wave down to a short term target about 2,069. Changes to last analysis are italicised. To see a weekly chart and how to draw trend lines go here. Bull Wave Count Click chart...
by Lara | May 26, 2015 | S&P 500, S&P 500 + DJIA |
The short term target for downwards movement at 2,103 was met and exceeded slightly by 3.73 points. Summary: A small fourth wave correction is incomplete; sideways movement may complete a small green candlestick or doji for tomorrow. The fourth wave may end about...
by Lara | May 20, 2015 | S&P 500, S&P 500 + DJIA
Again upwards movement may be over, but confirmation is required. Summary: Again the structure of this contracting diagonal is complete. A breach of the channel on the hourly chart is absolutely required for confidence in a trend change at least at minute degree....
by Lara | May 18, 2015 | FTSE, FTSE Historical, Public Analysis |
Charts only today. Click charts to enlarge. Bull Wave Count Bear Wave Count
by Lara | May 18, 2015 | Nasdaq, Public Analysis
This Elliott wave count presents the bull count first as more likely. While price remains above the bull trend line, I will assume that Nasdaq remains in a bull market. We should always assume the trend remains the same, until proven otherwise. Click charts to...
by Lara | May 14, 2015 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected it was more likely for a third wave up to begin on Thursday which is exactly what happened. Summary: Overall upwards movement should continue until the upper pink i-iii trend line of the diagonal is overshot. The target...
by Lara | Apr 11, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued, but remains below the invalidation point. Last Elliott wave analysis expected downwards movement to begin. Summary: The S&P remains within a consolidation phase. I still expect the breakout, when it comes, should be downwards. I expect...
by Lara | Apr 10, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement invalidated the hourly Elliott wave count. Both daily Elliott wave counts remain valid. Summary: I still expect a continuation of downwards movement over the next few days to build downwards momentum. The target is at 1,981. A new low below 2,039.69...
