by Lara | Mar 29, 2013 | Apple
Last analysis expected price to move lower for a few days which is exactly what happened for Apple. Movement below 457.98 confirmed that Apple had seen a short term trend change and at that stage I had more confidence that it should continue lower. The wave count...
by Lara | Mar 29, 2013 | DJIA, S&P 500 + DJIA
Last analysis expected a triangle to end for a fourth wave correction to be followed by more upwards movement to new highs. The triangle as I had it labeled on last week’s hourly chart was incorrect and was invalidated. However, a triangle did complete. The...
by Lara | Mar 28, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected the S&P 500 to move higher during Thursday’s session, which it did. The targets have not yet been met, but are now very close. Click on the charts below to enlarge. The structure is within the second zigzag of a double labeled primary...
by Lara | Mar 28, 2013 | Gold
Last analysis expected more upwards movement before a short term trend change. Upwards movement did make a new high and complete the structure. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of primary wave C. Within primary...
by Lara | Mar 27, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected Wednesday’s session to begin with a little upwards movement to a short term target at 1,568 before price dropped lower. This is not what happened as the session began with downwards movement, but price has remained well above...
by Lara | Mar 26, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement towards a short term target at 1,568. Price has moved higher but has not yet reached the target. The wave count remains the same with just the one daily and one hourly chart at this stage. Click on the charts below...
by Lara | Mar 26, 2013 | Apple
Last analysis for AAPL expected price to continue higher to a short term target at 471.82. Upwards movement did continue, reaching up to 469.95 so far, 1.87 short of the target. This analysis expects to see choppy overlapping generally trending downwards movement for...
by Lara | Mar 26, 2013 | S&P 500, S&P 500 + DJIA |
Movement to a new high has invalidated the fourth wave triangle. However, the alternate hourly wave count does not have the right look. I have adjusted the hourly wave count. It is very likely that the fourth wave is over. The only question now is on the structure of...
by Lara | Mar 24, 2013 | DJIA, S&P 500 + DJIA
Last week’s analysis expected the week to start with some downwards movement to a target at 14,397. The week did start with price moving lower to reach down to 14.91 points below the target. Price continued the week in sideways movement in an ever decreasing...