by Lara | Jun 30, 2013 | DJIA, S&P 500 + DJIA
Last week expected upwards movement for the Dow. We did see some upwards movement, but only after the main daily wave count was invalidated. I have two new wave counts for you this week. While price remains below 15,340.09 and above 14,551.27 both wave counts will...
by Lara | Jun 30, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected at least some upwards movement before price turned lower, for both wave counts. This is not what happened as price moved slowly lower during Friday’s session. Both wave counts remain the same at the daily chart level. The main wave count...
by Lara | Jun 28, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement from the main wave count, and upwards movement from the alternate. Although price has moved higher it remains below the confidence point on the alternate wave count. The main wave count still has a slightly higher probability...
by Lara | Jun 27, 2013 | Gold
Last analysis expected more downwards movement. This is what happened, but price moved lower faster than expected: the target zone I had thought was about six weeks away at 1,232 to 1,216 was met in just one week. Click on the charts below to enlarge. This daily chart...
by Lara | Jun 26, 2013 | S&P 500, S&P 500 + DJIA |
Upwards movement for Wednesday’s session invalidated the labeling on the main hourly wave count. I have adjusted this wave count today. We still have the same two wave counts with the main wave count having only a slightly higher probability than the alternate....
by Lara | Jun 26, 2013 | US Oil
Last analysis of US Oil was two weeks ago. It expected upwards movement to complete a second wave correction with a target at 98.36 and an invalidation point very close to that at 100.43. Price moved higher as expected to reach 99.21, just 0.85 above the target,...
by Lara | Jun 25, 2013 | S&P 500, S&P 500 + DJIA |
The main wave count from last analysis expected downwards movement, but allowed for the possibility that a small second wave correction could move higher. Price moved higher during the Tuesday’s session and has remained below the invalidation point on the hourly...
by Lara | Jun 25, 2013 | BHP
At the request of a member here is a wave count for BHP. I have started the wave count at the all time high at $50 on May, 2008. Prior to this point it looks like a long cycle or super cycle degree impulse completed upwards. My wave count will focus on the following...
by Lara | Jun 25, 2013 | Apple
Last analysis had a short term target on the hourly chart at 392.37 for subminuette wave iii. Price moved lower as expected, falling short of the target by $5.68. This downwards trend is not over for the short term. Click on the charts below to enlarge. This wave...