by Lara | Apr 5, 2012 | DJIA, S&P 500 + DJIA
The Dow has moved sideways since our last analysis. The alternate hourly wave count that expected a trend change has been invalidated leaving the main hourly wave count valid. We only have one hourly wave count today and if it is invalidated then we would switch to...
by Lara | Apr 4, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement as most likely from the S&P 500. Price has moved lower but remains above the invalidation point on the hourly chart. We still have two hourly wave counts which diverge in their expectation of the next movement....
by Lara | Apr 3, 2012 | S&P 500, S&P 500 + DJIA |
Movement below 1,410.8 invalidated our hourly wave count. The daily wave count remains valid. I can see two possible explanations on the hourly chart, and we have two hourly wave counts today. We may use the invalidation / confirmation point to work with these wave...
by Lara | Apr 2, 2012 | S&P 500, S&P 500 + DJIA |
As expected from our main wave count the S&P 500 has continued to move higher. A new high above 1,419.15 has invalidated the alternate and confirmed the main wave count. We have two daily charts today, both expect the same direction next, and they look at this...
by Lara | Apr 1, 2012 | DJIA, S&P 500
Weekly Dow analysis is now paid content for members only. We are offering this for a very reasonable fee of $5 per month. If you wish to sign up to receive Hugo’s weekly Dow analysis for $5 per month click the big orange button on the right hand sidebar...
