by Lara | Nov 27, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected price to break out of a small zone, and provide confirmation of one of the hourly wave counts. It did not do that, and price moved mostly sideways within a narrow range. It should break out of this zone tomorrow and provide some...
by Lara | Nov 26, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement from the S&P 500 for Tuesday’s session, which is how the session began. This upwards movement was followed by a deep correction so that the day ended sideways with a doji candlestick. The wave counts...
by Lara | Nov 26, 2013 | Trading Tips
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by Lara | Nov 26, 2013 | Apple |
Last analysis expected upwards movement from AAPL. Price has moved slightly higher, but mostly sideways. The fourth wave that I expected was over in last analysis looks like it is continuing further sideways as a contracting triangle. It is nearly complete. If the...
by Lara | Nov 26, 2013 | Nasdaq |
A long standing member has asked for a wave count of the Nasdaq. The clearest thing on the monthly chart is the big move downwards ending at 4,021.10 in October 2002. This structure is a five wave impulse. It moves against the trend, so it is corrective. A single five...
by Lara | Nov 26, 2013 | GDX
My first analysis of GDX expected minor wave 4 was over at the high labeled minute wave a, on the daily chart. Sideways movement since then suggests a contracting triangle which may have very recently ended. The final fifth wave downwards has probably recently begun....
by Lara | Nov 25, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more upwards movement towards a target at 1,817, which I expected to be reached during Monday or early Tuesday. The structure is now complete and upwards movement fell well short of the target. The wave count remains the same. Click on the...
by Lara | Nov 24, 2013 | DJIA, S&P 500 + DJIA |
Click on the charts below to enlarge. Main Wave Count. Alternate Wave Count.
by Lara | Nov 24, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement for Friday’s session with a small increase in upwards momentum towards a short term target. Price has moved higher, momentum did increase slightly, but the target was not quite met. The structure is incomplete and the...