by Lara | Nov 11, 2014 | S&P 500, S&P 500 + DJIA
A green candlestick was expected for Tuesday, which is what happened. Summary: The target for upwards movement to end is 2,049. This may be met in one to two days. Click on charts to enlarge. Bull Wave Count I will favour neither the bull or bear wave count. Both are...
by Lara | Oct 25, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continued. There was no breach of the small channel on the hourly chart, and so no confirmation of a trend change. Summary: It is likely that upwards movement will continue a little further to 1,968 or 2,003. Click on charts to enlarge. Bearish Wave...
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...
