by Lara | Aug 15, 2013 | S&P 500, S&P 500 + DJIA |
Movement below 1,676.03 invalidated both hourly wave counts for the main daily wave count. This strong downwards movement does fit for the alternate, but it is not enough to give us confirmation. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Aug 15, 2013 | Gold |
Movement above 1,320.86 early in this last week confirmed the main hourly wave count which expected more upwards movement. This week I have just the one wave count for you. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of...
by Lara | Aug 14, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement for Wednesday’s session. This is not what happened. Price has moved lower remaining above the invalidation point on the hourly chart. The wave count remains the same. Click on the charts below to enlarge. This...
by Lara | Aug 14, 2013 | US Oil
Last week’s analysis expected downwards movement to a short term target at 98.66 or 92.42. Price did move lower to make a new low at 102.24 but then turned back upwards. Price remains below the invalidation point on the daily chart and the wave count remains...
by Lara | Aug 13, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement for Tuesday’s session from the S&P 500 which is what happened. The wave count remains the same. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in...
by Lara | Aug 13, 2013 | Apple
Last week I provided a reanalysis of AAPL with monthly and weekly charts. After considering the two monthly wave counts I had last week I have decided that despite slightly worse Fibonacci ratios the second wave count which uses a semi-log scale on the monthly chart...
by Lara | Aug 12, 2013 | S&P 500, S&P 500 + DJIA |
The situation is a little clearer today for the S&P 500, and with the Dow continuing (so far!) to have a very clear wave count I have some more confidence today in the main wave count here. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Aug 11, 2013 | S&P 500, S&P 500 + DJIA
Last analysis had three hourly wave counts and the situation was unclear. Price moved lower, a little. All three wave counts remain valid. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and Fibonacci...
by Lara | Aug 11, 2013 | DJIA, S&P 500 + DJIA |
I have reanalysed most recent movement. This week the Dow is clearer than the S&P 500 at this point. Click on the charts below to enlarge. The Dow requires one final fifth wave upwards. The excellent Fibonacci time relationships and price ratios indicate that...
