by Lara | Oct 20, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected from the main Elliott wave count for Thursday’s session. This did not happen. Price moved lower and sideways to complete a small red doji. Summary: The Elliott wave count expects more upwards movement from here to show an increase...
by Lara | Oct 12, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement, which was expected for Wednesday’s session, produced a small green daily candlestick. Summary: Intermediate wave (3) upwards should move above the end of intermediate wave (1) at 2,179.99. Upwards movement for today’s session lacks...
by Lara | Sep 18, 2016 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Friday but this did not happen. Price has been moving sideways now for five days. Summary: Classic technical analysis supports the bearish alternate Elliott wave count. This still requires price confirmation below 2,111.05....
by Lara | Aug 5, 2016 | S&P 500, S&P 500 + DJIA |
Last Elliott wave analysis concluded that upwards movement was most likely. This is what happened for Friday. Upwards movement was confirmed early in the session with a new high above 2,178.29. Summary: The upwards trend is continuing after a sideways consolidation,...
by Lara | Apr 12, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement was expected. Classic technical analysis changes the Elliott wave count at the hourly chart level. Summary: This is still a bear market rally until proven otherwise. A final fifth wave up is required to complete the structure. A new high reasonably...
by Lara | Mar 23, 2016 | S&P 500, S&P 500 + DJIA |
Downwards movement to about 2,035 was expected for Wednesday. Price moved lower to reach 2,034.86. Summary: This is still a bear market rally until proven otherwise. Today’s downwards day may have been day one of minor wave 4 which may continue lower / sideways...
by Lara | Feb 22, 2016 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as expected from the last analysis. Summary: Upwards movement may be over here, or tomorrow may begin with a slight new high to 1,948 – 1,950. Today, it looks like the target at 1,987 was too optimistic and may not be reached. The...
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,...
