by Lara | Apr 30, 2013 | Apple
My last AAPL analysis had three hourly wave counts. Price movement above 415.25 invalidated the first hourly wave count indicating further upwards movement for the second hourly wave count should be expected. Further movement above 426.40 invalidated the second hourly...
by Lara | Apr 30, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected most likely to see upwards movement for Monday’s session for the S&P 500 towards a short term target at 1,599. Price has moved higher but the target is not yet reached. Analysis of the subdivisions on the hourly and five minute charts...
by Lara | Apr 28, 2013 | S&P 500, S&P 500 + DJIA
I had expected Friday to continue with upwards movement to a short term target at 1,595. This is not what happened. Downwards movement invalidated the hourly wave count at minute wave degree. The wave count at the daily chart level remains valid and is unchanged....
by Lara | Apr 28, 2013 | DJIA, S&P 500 + DJIA
Last week’s analysis expected upwards movement for the week which is exactly what happened. I expect the same next week although Monday and Tuesday may first take price lower for a second wave correction. Click on the charts below to enlarge. There are several...
by Lara | Apr 26, 2013 | Apple
Last analysis expected upwards movement to a target about 405 in the first instance. If price continued higher through this first target the next expectation was about 417.79. The correction may have ended 2.54 short of the higher, less likely target. I can now...
by Lara | Apr 25, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s main wave count expected Thursday’s session to most likely open with a little downwards movement to about 1,570.66 or below, before turning back up to reach new highs during the session. Price did not move lower. Movement above 1,583 indicated...
by Lara | Apr 25, 2013 | Gold
Last analysis of gold expected it was likely that a fourth wave correction was over and price should move lower. However, it was also stated that without a clear five down and a new low we could not eliminate the possibility that the fourth wave correction may...
by Lara | Apr 25, 2013 | US Oil
If price moves above 91.99 my main wave count would be invalidated. This is the alternate I would use. However, if the main wave count is invalidated I would want to do further work on finding new alternates, to consider all possibilities. At this stage the chart...
by Lara | Apr 25, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis again expected upwards movement from both hourly wave counts which is what happened. The main wave count expected momentum to decrease which is also what happened. With price remaining below the invalidation point on the alternate wave count...