by Lara | Feb 28, 2014 | S&P 500, S&P 500 + DJIA |
I had expected downwards movement for Thursday’s session to a short term target at 1,822. This is not what happened. Price moved higher but has remained just below the invalidation point. All three wave counts remain valid and remain mostly the same. Summary: I...
by Lara | Feb 26, 2014 | S&P 500, S&P 500 + DJIA |
Price is moving slowly sideways and slightly lower which fits with the wave count. The main wave count remains valid. The alternate bullish wave count is reduced in probability. The bearish wave count also remains valid. Summary: I expect more downwards movement...
by Lara | Feb 25, 2014 | S&P 500, S&P 500 + DJIA |
Price is moving slowly sideways and slightly lower which fits with the wave count. The main wave count remains valid. The alternate bullish wave count is reduced in probability. The bearish wave count also remains valid. Summary: It is most likely that price will...
by Lara | Feb 25, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
A new high invalidated the main wave count and confirmed the second alternate. I am swapping over the bearish and bullish wave counts at the monthly chart level. Summary: I still expect another five wave structure downwards to complete this correction at intermediate...
by Lara | Feb 22, 2014 | S&P 500, S&P 500 + DJIA |
The small second wave correction continued higher, turning just below the invalidation point. A small red candlestick for Friday’s session fits the wave count. The wave count remains the same. Summary: Minor wave 2 has ended. Minor wave 3 downwards should show...
by Lara | Feb 22, 2014 | FTSE |
This upwards movement cannot be a leading diagonal within intermediate wave (5) followed by a second wave correction because the leading diagonal wave lengths do not work. Click on the charts below to enlarge. It looks unlikely now that it is an incomplete flat...
by Lara | Feb 22, 2014 | DJIA, S&P 500 + DJIA
Main Bearish Wave Count. Alternate Bullish Wave Count. Second Alternate Bullish Wave Count.
by Lara | Feb 20, 2014 | S&P 500, S&P 500 + DJIA
There is now a very clear channel breach on the daily chart with a full candlestick outside the channel. Despite upwards movement at the end of the session creating a green candlestick for Thursday the wave count remains the same and I have a little more confidence in...
by Lara | Feb 20, 2014 | Apple |
Last analysis of AAPL had a main and an alternate wave count. The main wave count was invalidated and the alternate confirmed with movement below 513.74. Please click on the charts below to enlarge. Within the bigger picture this wave count sees AAPL in a super cycle...