by Lara | Sep 3, 2014 | S&P 500, S&P 500 + DJIA |
A new high above 2,006.12 confirmed the main wave count and invalidated the alternate. The target zone remains the same and may be met in another three days time. Summary: If the target at 2,025 – 2,031 is met in three days time then this fifth wave will exhibit...
by Lara | Sep 2, 2014 | S&P 500, S&P 500 + DJIA
Although price began the new week with very slightly higher movement, the target has not been met and Tuesday’s small red candlestick indicates the target may not be met. I have two Elliott wave counts for you. The confirmation / invalidation points are very...
by Lara | Aug 30, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement for Friday was expected. The green candlestick for Friday’s session fits the Elliott wave count perfectly. The wave count remains the same. Summary: In the short term I expect upwards movement from here. The target can now be calculated at two...
by Lara | Aug 28, 2014 | S&P 500, S&P 500 + DJIA
I had again expected the small fourth wave correction to be over more quickly than it was, and for Thursday’s session to produce a green candlestick. The fourth wave continued and moved lower to complete a small red doji. The wave count remains the same....
by Lara | Aug 26, 2014 | S&P 500, S&P 500 + DJIA |
I had expected a small red doji for Tuesday’s session. We have something quite close to that, a small green gravestone doji. Summary: In the short term tomorrow I expect the session to begin lower to 1,995. Thereafter, the upwards trend should resume. Overall...
by Lara | Aug 26, 2014 | Apple, Apple Historical, Public Analysis
The wave count was invalidated with a new high above 100.72. Click on charts to enlarge. The bigger picture sees AAPL still within a third wave at primary degree, within a third wave at cycle degree, within a third wave at super cycle degree. Within primary wave 3 I...
by Lara | Aug 25, 2014 | S&P 500, S&P 500 + DJIA
The upwards trend resumed for Monday as expected. The first target has a good probability. Summary: We may see a small red doji candlestick tomorrow for another small fourth wave correction. Overall this structure is incomplete and price should continue upwards for a...
by Lara | Aug 22, 2014 | S&P 500, S&P 500 + DJIA
The main Elliott wave count is confirmed and the alternate was invalidated with a new high. The target remains the same. Summary: The fourth wave did not show up, and may not show up for a few days yet. The short term target is 1,999, but this may herald only a brief...
by Lara | Aug 21, 2014 | S&P 500, S&P 500 + DJIA
Price moved higher fitting yesterday’s alternate wave count better, but not quite enough for confirmation. When looking at the daily charts for the “right look” and trend lines, I decided to swap over the main and alternate Elliott wave counts....