by Lara | Oct 21, 2012 | DJIA, S&P 500 + DJIA
Last week’s hourly wave count expected upwards movement for the first part of the week to be followed by downwards movement, which is exactly what happened, although the short term target for upwards movement to end about 13,459 was comfortably exceeded. This...
by Lara | Oct 19, 2012 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected downwards movement during Thursday’s session which is what we have got. Price has ended lower. The wave counts are valid and remain the same. The main hourly wave count has a higher probability than the alternate hourly wave...
by Lara | Oct 17, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement for Wednesday’s session, but price moved higher. The wave count remains valid. I have an alternate hourly wave count for you today which has a low probability. It expects the same price direction for tomorrow’s...
by Lara | Oct 17, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Tuesday’s session. The short term target at 1,447 was exceeded by 8.51 points. Upwards movement is well within allowable limits for the wave count, price remains below the invalidation point. The two daily wave counts...
by Lara | Oct 15, 2012 | S&P 500, S&P 500 + DJIA |
Upwards movement quickly invalidated the hourly wave count during Monday’s session. The structure for this correction is not what was expected in the last analysis and the hourly wave count has changed. The daily wave counts remain the same. The two daily wave...
by Lara | Oct 14, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected more downwards movement to a short term target at 1,427 to 1,428. Price reached to 1,425.53 during Friday’s session, 1.47 points below the narrow target zone. I have still the same two daily wave counts which differ at the monthly chart...
by Lara | Oct 13, 2012 | DJIA, S&P 500 + DJIA
Last analysis expected upwards movement for the week from the Dow. However, downwards movement invalidated the wave count early in the week. I have still two daily wave counts which differ at cycle degree. Members may review monthly charts here. I have one hourly wave...
by Lara | Oct 11, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected choppy, overlapping and slightly lower movement for Thursday’s session. Price moved sideways but without making a new low, and remained well under the invalidation point on the hourly chart. I have still the same two daily wave counts...
by Lara | Oct 10, 2012 | S&P 500, S&P 500 + DJIA
Movement below 1,439.01 invalidated the main hourly wave count and confirmed the alternate. At that stage the target for downwards movement was at 1,429. Price has fallen 1.66 points short of the target at the end of Wednesday’s session. The situation looks...