by Lara | Feb 10, 2014 | S&P 500, S&P 500 + DJIA |
I had expected downwards movement again for Monday’s session. This is not what happened as price has moved slightly higher. The price point at 1,786.63 was not breached and so a new short term downwards trend was not confirmed. The wave count remains the same....
by Lara | Feb 9, 2014 | S&P 500, S&P 500 + DJIA |
I had expected downwards movement for Friday’s session. This is not what happened. The price point provided of 1,766.47 was not breached, and the small channel on the hourly chart was not breached, and so there was no confirmation that the downwards trend had...
by Lara | Feb 9, 2014 | DJIA, S&P 500 + DJIA
Main Bearish Wave Count. Alternate Bullish Wave Count.
by Lara | Feb 7, 2014 | FTSE
Last week’s analysis of FTSE expected more downwards movement. This is what has happened. The target remains the same at 6,015 and this target is still about four to six weeks away. On the way down I expect two larger corrections, the first of these two has just...
by Lara | Feb 6, 2014 | S&P 500, S&P 500 + DJIA
Yesterday I expected upwards movement from the S&P for Thursday’s session to a short term target at 1,769. Price moved higher as expected, reaching 1,774.06, 5.06 points above the target. The wave count remains the same. Summary: I now expect downwards...
by Lara | Feb 6, 2014 | S&P 500, S&P 500 + DJIA
I had expected choppy overlapping movement for the start of a second wave correction which is what happened. The wave count remains the same. Summary: A minor degree second wave has begun. I will expect choppy, overlapping movement for about one to two weeks. Tomorrow...
by Lara | Feb 5, 2014 | S&P 500, S&P 500 + DJIA |
I had expected a little more downwards movement to a short term target of 1,724 before the start of a new upwards trend at minor degree. This is not what happened. The new upwards trend had already arrived. The wave count remains the same. Summary: A minor degree...
by Lara | Feb 4, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
Movement below 1,770.45 has confirmed a trend change. The downwards trend is either a new cycle degree wave, or an intermediate degree correction. The wave count remains the same. Summary: The mid term picture is now clearer. Overall downwards movement is incomplete...
by Lara | Feb 1, 2014 | S&P 500, S&P 500 + DJIA |
I had expected a slight new high for Friday to be followed by more downwards movement. Price moved lower, but did not move any higher at the start of the session. The wave count remains the same. Summary: Both wave counts remain valid. Price needs to break above...