by Lara | Mar 31, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement invalidated the hourly wave count. This continuing sideways movement in an ever decreasing range suggests a triangle may be forming, and I will revert again to that idea as an alternate. Summary: With the hourly wave count invalidated I do not have...
by Lara | Mar 28, 2014 | DJIA, S&P 500 + DJIA
Click on charts to enlarge. Bullish Wave Count. Bearish Wave Count.
by Lara | Mar 28, 2014 | DJIA, S&P 500, S&P 500 + DJIA
Some upwards movement was expected to begin Friday’s session. The short term target was at 1,859. Price did move higher for the first two hours, but the target was exceeded with upwards movement ending at 1,866.63. Thereafter, price moved lower for the remainder...
by Lara | Mar 27, 2014 | S&P 500, S&P 500 + DJIA
Downwards movement was expected from the main wave count. The alternate is now invalidated and I have some confidence in the main wave count. Price has not moved low enough for confidence in this wave count yet. The outlook is unchanged. Summary: I have some...
by Lara | Mar 26, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected, although the session began with a spike higher which invalidated the main hourly wave count. The main wave count is changed slightly and still has a better fit and overall look. Price has not moved low enough for confidence in this...
by Lara | Mar 25, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Price has not moved low enough for confidence in this wave count yet. The outlook is unchanged. Summary: I want to see movement below 1,849.69 tomorrow to have confidence in a trend change at minor degree. Price needs to break out of...
by Lara | Mar 25, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. Price has not moved low enough for confidence in this wave count yet. The outlook is unchanged. Summary: I still expect a five wave structure downwards to end at the lower of the two aqua blue trend lines. The new high is unconfirmed...
by Lara | Mar 24, 2014 | DJIA, S&P 500 + DJIA
Click on charts to enlarge. Bullish Wave Count. Bearish Wave Count.
by Lara | Mar 21, 2014 | DJIA, S&P 500, S&P 500 + DJIA
A slight new high changes the wave count, which was unexpected. Summary: I still expect a five wave structure downwards to end at the lower of the two aqua blue trend lines. The new high is unconfirmed by the DJIA, DJT, and Nasdaq. Recent upwards movement is very...