by Lara | Jan 21, 2014 | S&P 500, S&P 500 + DJIA |
Last analysis expected the new trading week to begin with some more downwards movement. The short term target was at 1,828. Price did move slightly lower but only to 1,832.38. Thereafter, price moved higher to complete a green candlestick for the day which was not...
by Lara | Jan 17, 2014 | DJIA, DJIA Historical, S&P 500 + DJIA
Main Bearish Wave Count. Alternate Bullish Wave Count.
by Lara | Jan 17, 2014 | S&P 500, S&P 500 + DJIA |
Yesterday I expected Friday to move price lower and a red candlestick to complete for Friday’s session. This is what has happened, and the structure on the hourly chart is completing as it was labeled yesterday. Click on the charts below to enlarge. Main Bearish...
by Lara | Jan 17, 2014 | S&P 500, S&P 500 + DJIA |
I had expected upwards movement with some increase in upwards momentum for Thursday’s session. This is not what happened. Price moved lower and the session ended with a red candlestick on the daily chart. I have a new alternate wave count for you today. The wave...
by Lara | Jan 16, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement for Wednesday which is exactly what has happened. The wave counts remain the same. Click on the charts below to enlarge. Main Bearish Wave Count. This wave count has a higher probability than the bullish...
by Lara | Jan 15, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
Yesterday’s analysis expected upwards movement for Tuesday which is exactly what has happened. It is time again to take a look at the big picture. Click on the charts below to enlarge. Main Bearish Wave Count. If the correction is not over then it is unfolding...
by Lara | Jan 14, 2014 | S&P 500, S&P 500 + DJIA
Strong downwards movement was expected for the main hourly wave count, but slight upwards movement invalidated the labeling within it first and then downwards movement ended deeper than expected. Overall the main hourly wave count is correct with a slight adjustment....
by Lara | Jan 11, 2014 | S&P 500, S&P 500 + DJIA
Last analysis had two hourly wave counts. I had expected price to break out of its small zone and provide some clarity by invalidating one of the two wave counts. This did not happen and both wave counts remain valid. However, the alternate has reduced in probability...
by Lara | Jan 11, 2014 | DJIA, DJIA Historical, S&P 500 + DJIA
Main Bearish Wave Count. Alternate Bullish Wave Count.