by Lara | Aug 9, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement from the main hourly wave count which is what happened. The alternate requires confirmation before we may have any confidence in it whatsoever. Click on the charts below to enlarge. This wave count agrees with MACD...
by Lara | Aug 8, 2013 | Gold
Last week’s analysis expected upwards movement from gold for the week. The hourly wave count was invalidated and price has moved lower, remaining above the invalidation point on the daily chart. Downwards movement is most likely a continuation of minor wave B....
by Lara | Aug 7, 2013 | S&P 500, S&P 500 + DJIA |
Movement below 1,684.94 invalidated both hourly wave counts. The daily wave count remains valid. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and Fibonacci relationships in time. Minor wave 3 is...
by Lara | Aug 7, 2013 | US Oil
Last week’s analysis expected downwards movement for the week, with a second wave correction to come. The first wave was already over and the second wave unfolded as a very deep zigzag, ending just below the invalidation point on the daily chart. The hourly...
by Lara | Aug 6, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis had two hourly wave counts which diverged. The alternate expected some downwards movement and was confirmed below 1,703.55. However, the target of 1,700 was comfortably exceeded. I have a new hourly wave count for you today. Click on the...
by Lara | Aug 6, 2013 | Apple, Apple Historical |
Last week’s analysis expected upwards movement which is what we have seen. However, I was unhappy with the overall look of last week’s wave count so I am stepping back this week to take a look at the bigger picture on the monthly and weekly charts. I have...
by Lara | Aug 6, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for Monday’s session with an increase in momentum, but this did not happen. Price has moved sideways in a small range remaining well above the invalidation point. This sideways movement has indicated a more likely...
by Lara | Aug 4, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement which is what we have seen. The wave counts remain the same. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and Fibonacci relationships in time. Minor wave...
by Lara | Aug 4, 2013 | DJIA, S&P 500 + DJIA
Price continued higher this week as expected. The wave count remains the same. Click on the charts below to enlarge.