by Lara | Apr 12, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a little more upwards movement overall. The target at 1,590 – 1,591 has now been passed and the structure is incomplete. A new target is calculated. Click on the charts below to enlarge. This structure is nearing completion,...
by Lara | Apr 11, 2013 | Gold
Last week’s analysis expected gold to move lower to a short term target at 1,533 before turning upwards for a correction. Price moved slightly lower but failed to get close to the target, moving only down to 1,540.24 before turning higher. With movement above...
by Lara | Apr 10, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected further upwards movement with an increase in momentum, to a target at 1,586 which was expected to be reached within one or two sessions. Price moved higher as expected to reach up to 3.07 points above the target. Momentum has...
by Lara | Apr 10, 2013 | US Oil
Last week’s oil analysis expected price to move lower. The short term target at 94.52 has been exceeded by 2.53. This week I expect the completion of a minuette degree second wave correction, followed by a third wave down. Click on the charts below to enlarge....
by Lara | Apr 10, 2013 | S&P 500, S&P 500 + DJIA |
Movement slightly above 1,573.66 to a new high at 1,573.89 has invalidated the alternate wave count and confirmed the main wave count. We now have clarity and can have more confidence in the target on the main wave count. I have just the one daily and one hourly wave...
by Lara | Apr 9, 2013 | Apple
Last analysis of AAPL expected price to move higher, but required a channel breach to have confidence in this prediction. Price remained firmly within the channel and moved lower, remaining just above the invalidation point at 419. Thereafter, price turned higher and...
by Lara | Apr 9, 2013 | S&P 500, S&P 500 + DJIA
Last analysis diverged: the main wave count expected upwards movement while the alternate expected downwards movement. Price has moved higher but still remains within the range in which both wave counts remain valid. We need to see price break out of this range to...
by Lara | Apr 7, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected Friday’s session to at least begin with some upwards movement, with the main wave count expecting only upwards movement. This is not what happened. The wave counts remain the same on the daily charts. It may be significant that price...
by Lara | Apr 7, 2013 | DJIA, S&P 500 + DJIA
Last week’s analysis expected more upwards movement to a target at 14,658. Price did move higher as expected, reaching 14,684.49, 26.49 points above the target, before turning downwards. I have two wave counts for you this week. Because we should always assume...
