by Lara | Aug 30, 2013 | FTSE
Last week’s analysis expected upwards movement to a target at 6,476 to 6,486. Price moved higher to 30.71 points above the target before turning lower. The wave count remains the same. Click on the charts below to enlarge. This daily chart focusses on the...
by Lara | Aug 29, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected a little more downwards movement before this correction is over. Price has moved higher, and the correction is incomplete. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and...
by Lara | Aug 28, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected some upwards movement to be followed by more downwards movement, for the main hourly wave count. We did get a little upwards movement. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice...
by Lara | Aug 27, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement for the main wave count. This is not what happened. Both wave counts remain valid. Downwards movement was not enough to invalidate the main wave count. We must assume the trend remains the same, until proven...
by Lara | Aug 26, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Monday’s session to reach a short term target at 1,669. Price began by moving higher on Monday and turned at 1,669.51. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci...
by Lara | Aug 25, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more upwards movement which is what happened. However, we have not seen an increase in momentum, yet. The wave count remains the same. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in...
by Lara | Aug 25, 2013 | DJIA, S&P 500 + DJIA
Last week’s target for downwards movement was 14,937. Price reached 56.16 points below this at 14,880.84. Click on the charts below to enlarge. Main Wave Count. Alternate Wave Count.
by Lara | Aug 22, 2013 | FTSE |
Last week’s analysis of FTSE expected downwards movement for the week which is what we have seen. The wave count remains the same. This week I will follow only the main monthly wave count. The alternate does not diverge in expectations for direction at this...
by Lara | Aug 22, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement for Thursday’s session which is exactly what happened. We now have a channel breach on the hourly chart and so may have more confidence in the target. Click on the charts below to enlarge. This wave count...