AAPL 10th July, 2013 – Charts Only

Tomorrow I will publish a full analysis of AAPL. Today I want to publish updated charts because I can now calculate a target for this second wave correction to end. Notes are on charts below. Daily Chart. Hourly Chart. Use the small parallel channel drawn about minute...

DJIA Elliott Wave Technical Analysis – 5th July, 2013

The main wave count has only a slightly higher probability than the alternate. We need to see price break above 15,542.40 or below 14,551.27 next week to have clarity. Click on the charts below to enlarge. Main Wave Count. Alternate Wave...

DJIA Elliott Wave Technical Analysis – 28th June, 2013

Last week expected upwards movement for the Dow. We did see some upwards movement, but only after the main daily wave count was invalidated. I have two new wave counts for you this week. While price remains below 15,340.09 and above 14,551.27 both wave counts will...

DJIA Elliott Wave Technical Analysis – 21st June, 2013

Again, last week expected upwards movement from the Dow. Price initially moved higher, but then turned downwards to have an overall downwards week. Price has managed so far to remain just above the invalidation point on the daily chart. If this price point holds we...

DJIA Elliott Wave Technical Analysis – 14th June, 2013

Last week’s analysis expected upwards movement from the Dow for the week. Although a slight new high was made price moved overall lower for the week in choppy overlapping movement. Price remained above the invalidation point on the hourly wave count and the wave...

DJIA Elliott Wave Technical Analysis – 7th June, 2013

Last week’s analysis expected upwards movement for the week. This is not what happened. Minor wave 4 continued further lower and breached the invalidation point. This has necessitated a reanalysis of the wave count within intermediate wave (C) on the daily...