by Lara | Aug 3, 2015 | S&P 500, S&P 500 + DJIA |
Both Elliott wave counts and regular technical analysis expected this week to begin with downwards movement, which is exactly what happened. Summary:For the short term, a little upwards movement at least to about 2,119 may begin tomorrow. This may end during...
by Lara | Jul 30, 2015 | S&P 500, S&P 500 + DJIA |
A sideways day which did not manage to make a new high fits both Elliott wave counts. Summary: A new low now below 2,063.52 would be earliest price confirmation that upwards movement is over, and downwards momentum may then be expected to build. A new high above...
by Lara | Jul 29, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave analysis allowed for the possibility for upwards movement to continue. Summary: A new low below 2,076.11 would be earliest price confirmation that upwards movement is over, and downwards momentum may then be expected to build. A new high...
by Lara | Jul 24, 2015 | S&P 500, S&P 500 + DJIA |
Yesterday the regular technical analysis supported the first Elliott wave count which expected more downwards movement. Summary: A new low below 2,044.02 would now provide a lot of confidence in the first wave count, the target would be at 1,983. A new all time high...
by Lara | Jul 23, 2015 | S&P 500, S&P 500 + DJIA |
Price continued to move lower. Summary: A new low below 2,044.02 now would provide a lot of confidence in the first wave count, the target would be at 1,983. A new all time high above 2,134.72 would provide full confidence in the second wave count which expects new...
by Lara | Jul 22, 2015 | S&P 500, S&P 500 + DJIA |
As expected from yesterday’s two Elliott wave counts and regular technical analysis, price continued to move lower. Summary: A new low below 2,044.02 now would provide a lot of confidence in the first wave count, the target would be at 1,983. A new all time high...
by Lara | Jul 20, 2015 | S&P 500, S&P 500 + DJIA
I have two Elliott wave counts for you today. Price will tell us this week which one is correct. Summary: A new low below 2,074.28 would provide some confidence in the first wave count, the target would be at 1,983. A new all time high above 2,134.72 would provide...
by Lara | Jul 18, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement continued, which was not expected for the main Elliott wave count. However, price has remained below the invalidation point, but is now slightly breaching the upper trend line which was expected to provide resistance. Summary: The main wave count...
by Lara | Jul 16, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued, which was not expected for the main Elliott wave count. However, price has remained below the invalidation point and below the upper trend line which should provide resistance. Summary: The main wave count still expects a strong third wave...
