by Lara | Mar 14, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected from the main Elliott wave count. Friday ended with a red candlestick, but price continues to find strong support at the two trend lines and remains above the invalidation points. Summary: The main wave count requires upwards movement on...
by Lara | Jan 8, 2015 | S&P 500, S&P 500 + DJIA |
A little more downwards movement was expected before a resumption of the upwards trend, but a breach of the channel on the hourly chart indicated that downwards movement was over. Note: Nady Laymoud takes over presentation of the analysis tomorrow until 22nd January,...