by Lara | Feb 20, 2014 | S&P 500, S&P 500 + DJIA |
Price moved slightly lower then up to make a new high for the day exactly as expected. Thereafter, downwards movement has breached the parallel channel containing minor wave 2, but the breach is not yet complete. It may be so in one more day. The wave count remains...
by Lara | Feb 18, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as expected almost touching the target. The wave count remains the same. Summary: Minor wave 2 may end during tomorrow’s session. I am expecting a trend change tomorrow and a red candlestick to complete the session. Click on the charts...
by Lara | Feb 17, 2014 | S&P 500, S&P 500 + DJIA |
This update is in response to the persistent insistence that the S&P 500 will make new highs. I tend to think that because this insistence, after 4 years and 11 months of a bull market, is so strong and so persistent, that it is therefore most likely wrong. At...
by Lara | Feb 15, 2014 | S&P 500, S&P 500 + DJIA |
Upwards movement continued as expected towards the target which has not yet been met. The target remains the same. The wave count remains the same. Summary: Minor wave 2 may end in just one more day about 1,843.When the parallel channel on the hourly chart is clearly...
by Lara | Feb 15, 2014 | FTSE |
Last week’s analysis of FTSE expected more upwards movement to end about 6,695.25. Price moved higher as expected reaching 6,708.17, 12.92 points above the target. I expect this correction is over and the downwards trend should resume. I am expecting to see an...
by Lara | Feb 15, 2014 | DJIA, S&P 500 + DJIA |
Main Bearish Wave Count. Alternate Bullish Wave Count.
by Lara | Feb 14, 2014 | S&P 500, S&P 500 + DJIA |
Price has moved higher as expected. I can now calculate a target for this movement to end. The wave count remains the same. Summary: I expect more upwards movement which may last another one or two days to end about 1,843. I will use the channel on the hourly chart to...
by Lara | Feb 12, 2014 | S&P 500, S&P 500 + DJIA |
The S&P has produced a red candlestick which was expected for Wednesday’s session, although I had expected it to show up earlier. The wave count remains the same. Summary: I expect tomorrow’s session to begin with a little more downwards movement...
by Lara | Feb 11, 2014 | S&P 500, S&P 500 + DJIA |
The downwards movement which was expected did not happen. Price has moved higher again. This correction is still incomplete. The wave count remains the same. Summary: Minor wave 2 may be completing as a deep zigzag. The structure is incomplete, and it still needs...