by Lara | Jun 7, 2012 | S&P 500, S&P 500 + DJIA |
I had expected Thursday’s session to begin with a little upwards movement, but not as much as we saw. The very short term target of 1,318.50 was well exceeded. Thereafter, I expected downwards movement in a clear three wave structure which is what we have so...
by Lara | Jun 6, 2012 | S&P 500, S&P 500 + DJIA |
Movement above 1,298.90 has invalidated my hourly wave count. Upwards movement is still corrective, but it is two degrees higher than I had it. I was expecting a larger more time consuming correction to arrive but I expected it to arrive next week, not this week. It...
by Lara | Jun 5, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis stated “for the next one or two sessions we should expect choppy, overlapping and slightly higher movement” with a short term target for a little upwards movement at 1,286. Price reached just 1.62 points above this target to...
by Lara | Jun 4, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis had a short term target at 1,261. It looks like this wave has ended 6.74 points short of the target at Monday’s low of 1,266.74. Today I have a short term target for tomorrow’s session. When a small correction is over I expect the long held...
by Lara | Jun 3, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected a correction to end and then further downwards movement. The triangle structure was invalidated and I expected at that stage the correction was possibly a combination. With the correction over I am now able to calculate targets. I...
by Lara | Jun 3, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected “new lows with increasing momentum” for Friday’s session which is exactly what happened. This wave count continues to explain price action nicely. I expect short and mid term targets to be met next week. I still have two daily...
