by Lara | Jul 4, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
A new high invalidated the hourly wave counts. I have a new alternate for you. I still expect the main wave count has a higher probability. Summary: Although we saw a new high this could still be a part of a small correction. I expect this to most likely complete with...
by Lara | Jul 2, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
The target for the bull and bear wave counts for the mid term remains the same. Both hourly Elliott wave counts remain the same, and they have a close to even probability. Summary: Upwards movement is not over. But for the short term I expect to see a small fourth...
by Lara | Jul 2, 2014 | S&P 500, S&P 500 + DJIA
The alternate daily Elliott wave count was confirmed with movement above 1,973.72. I have just the one wave count for you today. Summary: Upwards movement is not over. But for the short term I expect to see a small fourth wave correction. It should move lower, the...
by Lara | Jul 1, 2014 | Apple, Apple Historical, Public Analysis
A stock split a couple of weeks ago made my data look… horribly wrong. This has now been fixed. The wave count at cycle degree has changed and I have a new wave count for you. Click on charts to enlarge. I am not sure about the degree of labeling in this wave count....
by Lara | Jun 26, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s Elliott wave count expected downwards movement towards a short term target. Price has moved lower producing a red candlestick, and the channel on the hourly chart may be providing some resistance to upwards movement. Summary: A new low below 1,925.78...
by Lara | Jun 25, 2014 | S&P 500, S&P 500 + DJIA
Price remains below the invalidation point and the Elliott wave count remains valid. I now have a target for the next short term movement. Summary: A new low below 1,925.78 would be first confirmation of a trend change. I am expecting overall downwards movement for...
by Lara | Jun 24, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected from yesterday’s technical anlaysis. Price has ended the session with strong downwards movement, but a new high was made first. This new high remains below the maximum level for the Elliott wave count. Summary: A new low below...
by Lara | Jun 21, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected from yesterday’s technical analysis. The Elliott wave structure is now complete and looks typical. Summary: With Friday’s volume spike providing the final requirement for this structure it may be that upwards movement ended on...
by Lara | Jun 19, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected from yesterday’s technical analysis. The Elliott wave structure is incomplete and price should continue up towards the target. Summary: In the short term I expect more upwards movement to a target at 1,964. The target may be met in...