by Lara | Nov 7, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected price to move higher for Wednesday’s session. Downwards movement invalidated the hourly wave counts. However, downwards movement has breached the invalidation point for the first wave count for the DJIA. Although price remains above the...
by Lara | Nov 7, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Tuesday’s session from both wave counts. Exactly as expected price has moved higher during Tuesday’s session. Both wave counts again expect the same direction next. The targets are the same as are the lower...
by Lara | Nov 6, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement with increased momentum for Monday’s session. Price has closed higher, but only after making a new low (within allowable limits), and momentum did not increase. The wave counts are the same and for the S&P 500 remain...
by Lara | Nov 4, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for the first wave count to begin Friday’s session to a short term target at 1,439, before price moved lower. Price reached up to 4.73 points short of the target before turning back down. At this stage the first and second...
by Lara | Nov 4, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected the Dow to move higher and for price to not move below 13,039.86. Price did move higher as expected and has not breached the invalidation point. At this stage we still have the same two wave counts which differ at the monthly chart...
by Lara | Nov 1, 2012 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had two wave counts which diverged. Price has risen giving a little more clarity, but both wave counts remain valid. Price is now extremely close to the invalidation point of the second hourly wave count. If this price point is passed...