by Lara | Feb 5, 2014 | S&P 500, S&P 500 + DJIA |
I had expected a little more downwards movement to a short term target of 1,724 before the start of a new upwards trend at minor degree. This is not what happened. The new upwards trend had already arrived. The wave count remains the same. Summary: A minor degree...
by Lara | Feb 4, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
Movement below 1,770.45 has confirmed a trend change. The downwards trend is either a new cycle degree wave, or an intermediate degree correction. The wave count remains the same. Summary: The mid term picture is now clearer. Overall downwards movement is incomplete...
by Lara | Jan 29, 2014 | S&P 500, S&P 500 + DJIA
More downwards movement was expected to complete a red candlestick for Wednesday’s session, and this is what happened. The wave count remains the same. Summary: Downwards movement is almost over for now. The depth of the next upwards movement, and its structure,...
by Lara | Jan 28, 2014 | Apple |
Elliott Wave chart analysis for AAPL for 27th January, 2014. Please click on the charts below to enlarge. Main Wave Count. Any movement at all during regular trading hours below 513.74 would immediately invalidate this wave count. At that stage the alternate below...
by Lara | Jan 24, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected choppy overlapping sideways movement for another day before the downwards trend resumed. This is not what happened, and the short term target for downwards movement at 1,803 was blitzed by strong downwards movement. The bearish...
by Lara | Jan 21, 2014 | S&P 500, S&P 500 + DJIA |
Last analysis expected the new trading week to begin with some more downwards movement. The short term target was at 1,828. Price did move slightly lower but only to 1,832.38. Thereafter, price moved higher to complete a green candlestick for the day which was not...
by Lara | Jan 17, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday I expected Friday to move price lower and a red candlestick to complete for Friday’s session. This is what has happened, and the structure on the hourly chart is completing as it was labeled yesterday. Click on the charts below to enlarge. Main Bearish...
by Lara | Jan 16, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement for Wednesday which is exactly what has happened. The wave counts remain the same. Click on the charts below to enlarge. Main Bearish Wave Count. This wave count has a higher probability than the bullish...
by Lara | Jan 14, 2014 | S&P 500, S&P 500 + DJIA
Strong downwards movement was expected for the main hourly wave count, but slight upwards movement invalidated the labeling within it first and then downwards movement ended deeper than expected. Overall the main hourly wave count is correct with a slight adjustment....
