by Lara | Jul 19, 2012 | S&P 500, S&P 500 + DJIA
Last analysis had only one daily and one hourly wave count for the S&P 500. I expected upwards movement to a small 1 point target zone at 1,378 – 1,379 to begin Thursday’s trading session. Price rose to 1,378.23 before moving sideways and slightly...
by Lara | Jul 18, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis of the S&P 500 had two hourly wave counts which diverged and price was very close to the confirmation / invalidation point. With price movement above 1,374.81 the main hourly wave count was invalidated and the alternate hourly wave count was...
by Lara | Jul 18, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Tuesday’s session from both my main and alternate hourly wave counts. The preferred target on the main hourly wave count was 1,364. Price reached 1,365.36, just 1.36 points above the target. I still have two hourly...
by Lara | Jul 17, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected the S&P 500 to move lower at the beginning of Monday’s session which is exactly what has happened. I still have one daily wave count and two hourly wave counts. We may use the parallel channel on the daily chart, and the confirmation...
by Lara | Jul 15, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected downwards movement to a target of 1,320 – 1,317 before the beginning of a deeper more long lasting upwards movement. Downwards movement did not occur and upwards movement quickly broke the channel indicating a more long lasting upwards...
by Lara | Jul 15, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected the week to start with more downwards movement. The main hourly wave count had a target at 12,625 and the alternate at 12,366. Downwards movement ended at 12,492 before turning upwards. I still have the one daily wave count with two...
by Lara | Jul 13, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected the S&P 500 to move higher to begin Thursday’s session, and thereafter to turn downwards. Price did not move higher as expected, but downwards movement remains comfortably above the invalidation point. With the current structure not...
by Lara | Jul 12, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement from the S&P 500. Price has closed higher, but moved to make a new low at the beginning of the session. Overall this is what was expected and both hourly wave counts remain valid. I still have just one daily wave count and...
by Lara | Jul 10, 2012 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected the S&P 500 to begin Tuesday’s session with upwards movement to at least 1,357. Price rose to 1,361.54, before falling, and thereafter the main and alternate wave counts diverged. I still have only one daily wave count...