by Lara | Nov 17, 2012 | DJIA, S&P 500 + DJIA
The main hourly wave count from last week’s analysis expected the Dow to move higher in a correction for the week. That wave count had a confirmation point at 13,007.13. Price did not move above the confirmation point and instead moved lower for the week, and...
by Lara | Nov 17, 2012 | S&P 500, S&P 500 + DJIA
The main hourly wave count of last analysis expected Friday’s session to begin with downwards movement to end between 1,344 to 1,343. Thereafter, upwards movement was expected. Downwards movement during Friday’s session reached to 1,343.35 before price...
by Lara | Nov 15, 2012 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected price to move lower during Thursday’s session towards a short term target at 1,348. Downwards movement reached to 1,348.05 during the session. I have still the same daily wave count for you today. I have two hourly wave counts...
by Lara | Nov 15, 2012 | Public Analysis, S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement to begin Wednesday’s session, before the resumption of the downwards trend towards the target on the hourly chart. The amount and duration of upwards movement was in question. However, price simply moved lower during...
by Lara | Nov 14, 2012 | Public Analysis, S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected choppy overlapping sideways movement for Tuesday’s session which is exactly what we have seen. I still have just one daily wave count. At the hourly chart level I have two wave counts, looking at the most recent sideways...
by Lara | Nov 13, 2012 | S&P 500, S&P 500 + DJIA
Price moved sideways during Monday in a very quiet session. The wave counts are unchanged. This sideways movement looks like a fourth wave correction. I have still just the one daily wave count with two hourly wave counts looking at most recent movement differently....
by Lara | Nov 11, 2012 | DJIA, S&P 500 + DJIA
Movement below 12,977.57 early last week invalidated the first wave count and confirmed the second wave count. We now have some clarity and just one wave count. With confirmation of this wave count I can now calculate long term targets. Click on the charts below to...
by Lara | Nov 11, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement for Friday’s session. The S&P 500 made a new low as price moved lower, before turning upwards for a small correction. At this stage we have clarity. I have just one wave count at the daily chart level, with two...
by Lara | Nov 8, 2012 | S&P 500, S&P 500 + DJIA
Exactly as expected from yesterday’s analysis price has moved lower during Thursday’s session. We have movement below the confirmation point of the main wave count and the alternate is now invalidated. We have only one wave count and we may have a lot of...