by Lara | Oct 31, 2012 | S&P 500, S&P 500 + DJIA
Last analysis was divided with the first and second wave counts diverging in expectation for the next direction. Wednesday’s mostly sideways movement does not make the situation any clearer. The wave counts are unchanged. The first and second wave counts still...
by Lara | Oct 29, 2012 | DJIA, S&P 500, S&P 500 + DJIA
Dear Members, NY Stock Exchange has been closed Monday, October 29th, 2012 and will remain closed Tuesday October 30th due to hurricane Sandy. We hope all our members in the East Coast of the USA in the area affected by Sandy are safe. Analysis will resume when NY...
by Lara | Oct 28, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected a little more downwards movement towards the short term target at 13,255 for the first daily wave count. We did see more downwards movement but it has reached 215 points below this short term target. I still have the same two wave...
by Lara | Oct 28, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement from the S&P for Friday’s session, but did allow for downwards movement and a confidence point was provided. Price did not reach the confidence price point and no confidence could be had in a trend change. Price moved...
by Lara | Oct 25, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected more downwards movement for Thursday’s session to a short term target at 1,403 to 1,399, favouring the upper edge of the target zone. Price has reached down to 1,405.14, 2.14 points short of the target. The wave count remains...
by Lara | Oct 24, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected a little more downwards movement for Wednesday’s session. Price has moved lower as expected towards the short term target. The wave count remains the same. The first and second daily wave counts are different at cycle degree. Members may...
by Lara | Oct 23, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement. The invalidation point on the hourly chart was quickly breached, however, by strong downwards movement. The wave count at the daily chart level remains the same and it remains valid. The hourly chart is adjusted. Click on the...
by Lara | Oct 22, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected more downwards movement to a short term target at 1,425 to 1,424. Price has reached just 1.94 points below the small target zone before turning upwards at the end of Monday’s session. This is exactly what was expected. I have the same two...
by Lara | Oct 21, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement in a low degree third wave which is exactly what we saw for Friday’s session. The target has not been met, but this movement was not expected to be over at the end of the week. The target can now be calculated at two...