by Lara | May 21, 2012 | S&P 500, S&P 500 + DJIA
I had expected a little more downwards movement towards a target at 1,280 for Monday’s session before an upwards correction began, but the correction has begun at the beginning of the new trading week. Movement above 1,307.45 confirmed a small degree correction...
by Lara | May 20, 2012 | DJIA, S&P 500 + DJIA |
Movement below 12,710.56 early last week invalidated the alternate wave count and confirmed the main wave count. At that stage we had only one wave count and much more clarity. Price has continued lower last week which is overall what the sole remaining wave count...
by Lara | May 20, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected a small correction to complete within the last session, and thereafter for downwards movement towards a short / mid term target at 1,293 to be reached within two sessions, but this target was slightly exceeded within Friday’s session. This...
by Lara | May 17, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis of the S&P 500 expected downwards movement with increasing momentum, which is exactly what happened as price fell over 20 points. MACD indicated stronger downwards momentum and the short term target at 1,300 was almost reached. I still...
by Lara | May 17, 2012 | S&P 500, S&P 500 + DJIA
Yesterday’s main hourly wave count for the S&P 500 expected price to move lower. The main hourly wave count had a higher probability than the alternate. Targets are not yet met. Today’s analysis has only one daily and one hourly wave count. I have...
by Lara | May 16, 2012 | S&P 500, S&P 500 + DJIA |
Movement below 1,336.61 early in Tuesday’s session invalidated our main hourly wave count and confirmed our alternate. At that stage the target for expected downwards movement was 1,329 for the session. The S&P 500 reached to 1,328.41, just 0.59 points...
by Lara | May 15, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement for both our main and alternate hourly wave counts to a minimum of 1,345, probably to be reached and passed during Monday’s session. Monday saw the S&P 500 reach down to 1,336.61 which exactly met our expectations....
by Lara | May 13, 2012 | DJIA, S&P 500 + DJIA
The Dow has moved lower over the week, but price remains above the point differentiating the two wave counts. I still have two wave counts. The current structure suggests we may not have clarity for a few more days yet, but both my hourly wave counts expect pretty...
by Lara | May 13, 2012 | S&P 500, S&P 500 + DJIA
The S&P 500 moved lower to end the trading week as our last main and alternate wave counts expected. Targets are not yet met. We should expect another correction next week, which could last a couple of days or all week. Mid and long term targets are unchanged at...