by Lara | Jan 23, 2013 | S&P 500, S&P 500 + DJIA |
The S&P 500 has moved higher and importantly the Dow has made a new high. The alternate wave count is correct for the Dow and also most likely for the S&P 500. Click on the charts below to enlarge. The main hourly wave count expected a little more upwards...
by Lara | Jan 19, 2013 | S&P 500, S&P 500 + DJIA |
The S&P 500 moved higher as expected during Friday’s session. The wave count remains the same and is valid. I have two hourly charts for you to end the week, and I will recap the main monthly wave count which this daily wave count is based upon. Click on...
by Lara | Jan 19, 2013 | DJIA, S&P 500 + DJIA
Last week’s analysis expected more upwards movement from the Dow to a target at 13,621. Price has reached 28.93 points above the target and so far the wave count remains valid. I have a main and a new alternate for you this week. I will also cover the monthly...
by Lara | Jan 18, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis again expected downwards movement to the same target. Again price has moved higher and so the wave count has been changed, although it remained valid. I have just the one daily and hourly chart for you today. Click on the charts below to enlarge. The...
by Lara | Jan 16, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected downwards movement from the S&P 500 during Wednesday’s session to a short term target at 1,459. This is not what happened as price moved higher in very slow choppy movement. The daily wave count is the same. I have just the one hourly...
by Lara | Jan 15, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected choppy and overlapping downwards movement from the S&P 500 during Tuesday’s session, which is pretty much what has happened as a new low was made in mostly sideways movement. The wave count remains the same. The daily chart is the...
by Lara | Jan 15, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected price to continue higher during Monday’s session towards a short term target at 1,477. The S&P 500 did not do this and price has moved sideways in a very small range. The daily wave count is the same. I have two hourly wave counts for...
by Lara | Jan 13, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for the higher probability main hourly wave count which is what happened. However, I had expected upwards movement to increase in momentum which did not happen. Momentum has stayed the same. The wave count is the same and still...
by Lara | Jan 13, 2013 | DJIA, S&P 500 + DJIA
Movement below 13,358.43 invalidated the main hourly wave count and confirmed the alternate. At that stage we had a short term target for downwards movement to end at 13,299. Downwards movement ended just 5.8 points below the target at 13,293.20. Thereafter, price...