by Lara | Jun 28, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected the S&P 500 to trend downwards for Thursday’s session. We have seen a new low and the market has behaved as expected. I still have two daily wave counts for you today which both expect the same direction next. For the...
by Lara | Jun 28, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement for Wednesday’s session which was not what happened. Within the first 5 minutes the main hourly wave count was invalidated with movement above 1,324.41 and the second hourly wave count was confirmed. I still...
by Lara | Jun 26, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected choppy overlapping upwards movement to either last for some or all of Wednesday’s session. Price has behaved as expected and remains very slightly below the invalidation point, with the upwards movement lasting for all of...
by Lara | Jun 26, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected Monday to begin the week with downwards movement. The target at 1,317 was comfortably passed, but I did expect that the target had only a reasonable probability and that the trend channel would provide stronger guidance as to where downwards...
by Lara | Jun 24, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected upwards movement from the Dow to a target of 12,918. Price began the week by moving higher to reach 19.14 points below the target before turning downwards. Thereafter, analysis expected price to turn downwards. We were looking for a...
by Lara | Jun 24, 2012 | S&P 500, S&P 500 + DJIA |
Thursday’s analysis expected Friday’s session to begin with a little upwards movement for a low degree correction, which is exactly what happened. Price has remained below the invalidation point on the hourly chart. The wave counts remain the same and both...
by Lara | Jun 21, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected one final upwards push before a trend change. However, this was not what happened. The channel on the daily chart is clearly breached and now I can calculate targets for the mid term. This is the point at which the two wave counts...
by Lara | Jun 21, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement. Price has moved lower for Wednesday’s session and remains within the trend channel. The target remains the same. I have a lower invalidation point which will prove a useful indicator for a trend change. Click on the...
by Lara | Jun 20, 2012 | S&P 500, S&P 500 + DJIA |
Tuesday’s session saw upwards movement from the S&P 500 which was what Monday’s analysis expected. Movement above 1,357.38 has invalidated the main daily wave count and confirmed the alternate leaving us with only one daily wave count for downwards...