by Lara | Jan 31, 2013 | DJIA Historical
In line with the S&P 500 analysis I am reverting the main wave count to the most common structure, a double flat. The alternate wave count is the least common Elliott wave structure, an expanding triangle. The rarity of this structure must mean this alternate has...
by Lara | Jan 31, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more upwards movement from the S&P 500 for Wednesday’s session. Price has moved lower but remains within the allowable limit, above the invalidation point on the hourly chart. The wave count remains the same. I have an alternate...
by Lara | Jan 30, 2013 | S&P 500 Historical
Updated monthly charts are below. I have still the same three wave counts. The first, most likely main wave count, sees the S&P 500 in the second structure of a super cycle degree double flat. There are two alternate monthly wave counts. The first alternate has...
by Lara | Jan 29, 2013 | S&P 500, S&P 500 + DJIA
Analysis of Monday’s session expected more upwards movement from the S&P 500 for Tuesday’s session, which is what we have seen. Price is moving closer to the target on the hourly chart. The daily wave count and hourly wave counts remain mostly the...
by Lara | Jan 28, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected a little more upwards movement before a small sideways correction to a short term target at 1,509. Price has moved sideways and slightly lower without reaching the target. The wave count remains the same at the daily chart level, and mostly the...
by Lara | Jan 25, 2013 | S&P 500, S&P 500 + DJIA
The S&P 500 has moved higher again as expected from yesterday’s analysis. I have the same daily wave count and only one hourly wave count for you today. We need to use the channel on the daily chart to confirm a trend change. Until we have confirmation of a...
by Lara | Jan 25, 2013 | DJIA, S&P 500 + DJIA
Movement above 13,661.87 invalidated the main wave count and confirmed the alternate wave count. At that stage more upwards movement was expected. This week I have just the one wave count at the daily and hourly chart levels. The wave count has not changed for the...
by Lara | Jan 24, 2013 | S&P 500, S&P 500 + DJIA |
The S&P 500 has moved higher again as expected from yesterday’s analysis almost reaching the target at 1,504. I have the same daily wave count and two hourly wave counts for you today. We need to use confirmation / invalidation points to work with the two...
by Lara | Jan 23, 2013 | S&P 500, S&P 500 + DJIA
The S&P 500 has moved higher as expected from yesterday’s analysis. Click on the charts below to enlarge. The structure for primary wave B is a triple zigzag, and price is now within the third zigzag in the triple labeled wave (Z) black. Because three is...