by Lara | Oct 25, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continued. There was no breach of the small channel on the hourly chart, and so no confirmation of a trend change. Summary: It is likely that upwards movement will continue a little further to 1,968 or 2,003. Click on charts to enlarge. Bearish Wave...
by Lara | Oct 17, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement was expected for Thursday’s session to a target at 1,879.17. Price did move higher, reaching up to 1,876.01. I am changing my bullish Elliott wave count today. Summary: I expect tomorrow to begin with a little more upwards movement to 1,880....
by Lara | Oct 1, 2014 | Russell 2000, Russell 2000 Historical
Click on charts to enlarge. Data available extends back only to the end of 1987. Data begins with the 1987 “crash” which I am labeling a cycle degree second wave correction. A five wave impulse for a super cycle wave (I) ended in March, 2000. Ratios of...
by Lara | Aug 27, 2014 | S&P 500, S&P 500 + DJIA
Another small red doji indicates this small fourth wave correction was not over, which was expected to continue at least for the first part of Wednesday’s session. The wave count remains the same. Summary: In the short term I expect a little sideways movement to...
by Lara | Aug 14, 2014 | Public Analysis, Russell 2000, Russell 2000 Historical
By request from a member here is an Elliott wave analysis of Russell 2000 using data from Yahoo Finance. Click on charts to enlarge. Data available extends back only to the end of 1987. Data begins with the 1987 “crash” which I am labeling a cycle degree...
by Lara | Aug 13, 2014 | S&P 500, S&P 500 + DJIA |
A slight new high above 1,944.90 invalidated the main hourly Elliott wave count and confirmed the alternate hourly wave count. The alternate Elliott wave count expected not much more upwards movement, only sideways movement, which is what happened. Summary: This B...
by Lara | Aug 12, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s Elliott wave analysis expected downwards movement for Tuesday’s session which is exactly what happened. Tuesday has closed with a small red candlestick on the daily chart. Summary: I expect downwards movement for another two days. Look for...
by Lara | Aug 11, 2014 | S&P 500, S&P 500 + DJIA
The main hourly Elliott wave count was correct. This fourth wave correction may end in another one to three days. I can now calculate a target for it to end. The Elliott wave structure remains the same. Summary: I expect downwards movement for one to three days to...
by Lara | Aug 2, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement continued as expected. The target at 1,922 – 1,921 was passed and exceeded by 4.63 points. I have two hourly Elliott wave counts for you today. Summary: It is most likely we shall see more downwards movement to begin the new trading week. The...
