by Lara | Feb 5, 2015 | S&P 500, S&P 500 + DJIA
Upwards movement was expected for the main Elliott wave count. Summary: The trend is upwards and the breakout should come tomorrow. The short term target is at 2,080.. Click on charts to enlarge. Main Bull Wave Count I will favor neither the bull or bear wave count....
by Lara | Jan 29, 2015 | S&P 500, S&P 500 + DJIA |
Price has still not confirmed either Elliott wave count, and they both remain valid. Summary: The main wave count expects downwards movement to a target at 1,955. This would be confirmed with a new low below 1,988.12. The alternate must see upwards movement from here,...