by Lara | Apr 30, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement invalidated the main wave count at the hourly chart level. I am discarding the main wave count in favour of the alternate. Summary: Upwards movement should continue for another four days or so. The target is 1,921. This analysis is published about...
by Lara | Apr 29, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected a little more upwards movement to complete a second wave correction, which is what happened. Summary: A third wave downwards has most likely begun. It is either a third wave within an impulse, or a third wave of an ending expanding...
by Lara | Apr 28, 2014 | S&P 500, S&P 500 + DJIA
A new low for Monday was expected. Overall the wave count looks correct. Summary: A third wave downwards has most likely begun. It is either a third wave within an impulse, or a third wave of an ending expanding diagonal. The target for this third wave is at 1,788. If...
by Lara | Apr 25, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected and breached the channel on the hourly chart. At this stage the main wave count has a better fit on the five minute chart, and so has a higher probability. Summary: A third wave downwards has most likely begun. It is either a third wave...
by Lara | Apr 25, 2014 | DJIA, S&P 500 + DJIA
Click on charts to enlarge. Bullish Wave Count. Alternate Wave Count. Note: this idea works for both bull and bear wave counts. Bearish Wave Count.
by Lara | Apr 25, 2014 | Apple |
Yesterday’s analysis of AAPL was invalidated by upwards movement. I have a new wave count for you. Click on charts to enlarge. Cycle wave b may be continuing as a double zigzag. The second structure in the double is incomplete. At 638.97 intermediate wave (C)...
by Lara | Apr 25, 2014 | S&P 500, S&P 500 + DJIA |
Price has moved lower to complete a red candlestick as expected, but remains firmly within the channel on the hourly chart. While price remains contained within the channel we do not have clarity. All the wave counts remain the same. Summary: A third wave downwards...
by Lara | Apr 24, 2014 | Apple |
Within the bigger picture this wave count sees AAPL in a super cycle zigzag correction which is just over two thirds completed. Click on charts to enlarge. Within the zigzag cycle wave b ended at 571.88 with a small truncation in the final fifth wave up. At this stage...
by Lara | Apr 23, 2014 | S&P 500, S&P 500 + DJIA
With price drifting sideways in a narrow range the wave counts all remain the same. Summary: A third wave downwards may have begun. It is either a third wave within an impulse, or a third wave of an ending expanding diagonal. I still want to see the channel on the...