by Lara | Jun 18, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected a very little downwards movement before upwards movement for Monday’s session towards a short term target at 1,345. The S&P 500 has behaved as expected, but overshooting the target by 3.22 points to reach 1,348.22. Today I have two...
by Lara | Jun 16, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday I had three hourly wave counts which all expected downwards movement which is not what happened. However, movement above 1,335.52 has confirmed that this correction is not over and upwards movement to end the week has a clear structure. I have only one...
by Lara | Jun 15, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected overall upwards movement from the Dow to continue a correction for a second wave. Price has moved higher, beyond the first target, and is nearing the second target. I still have one daily and one hourly chart for the Dow this week....
by Lara | Jun 15, 2012 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis said to expect overall choppy, overlapping, sideways movement for another couple of sessions or longer. Price has moved upwards for Thursday’s session in a choppy overlapping three wave movement and remains range bound. This is pretty...
by Lara | Jun 13, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s main wave count expected upwards movement for Wednesday’s session. Price moved slightly higher but overall has closed lower for the session. Price remains above the invalidation point. With mostly sideways movement for a few days now the main...
by Lara | Jun 13, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected Tuesday’s session to open with a little downwards movement to a short term target at 1,303. Price reached down to 1,306.92, 3.92 points short of the target, early in Tuesday’s session. Thereafter, price moved higher as...
by Lara | Jun 11, 2012 | S&P 500, S&P 500 + DJIA |
I had expected price to move higher during Monday’s session and a new high was made. However, although downwards movement remains above the invalidation point, the structure of most recent movement does not fit with the wave count. Downwards movement to end...
by Lara | Jun 10, 2012 | DJIA, S&P 500 + DJIA
The Dow did not move as low as I had expected. Price fell 15 points short of the short term target, and got nowhere near the long term target before turning upwards to breach the invalidation point on the hourly chart. I have reanalysed downwards movement from the...
by Lara | Jun 10, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis had a short term target for a little more downwards movement to begin Friday’s session at 1,311 to 1,309. The market opened with downwards movement which reached 1.23 points below the lower end of my target zone. Thereafter, as expected, price...
