by Lara | Mar 13, 2014 | S&P 500, S&P 500 + DJIA
The short term target at 1,839 was almost met as price reached down to 1,841.86. Downwards momentum has increased nicely as expected. The wave count remains the same. Summary: The trend remains down at minor degree. We may see a further increase in momentum tomorrow....
by Lara | Mar 12, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was as expected. The short term target was at 1,856. Price reached down to 1,854.38. There is now a clear channel breach of the pink channel containing minor wave B upwards. This is confirmation that there has been a trend change at minor degree....
by Lara | Mar 11, 2014 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected. When the channel on the daily chart about the last upwards wave is clearly breached we shall have confirmation of this trend change. While price remains within that channel we must accept the alternate is possible, although it has a...
by Lara | Mar 10, 2014 | S&P 500, S&P 500 + DJIA |
A small red candlestick on the daily chart fits with this wave count. While price remains within the pink channel on the hourly chart we do not have confirmation of a trend change. The wave count remains the same. Summary: The situation is still unclear but in the...
by Lara | Mar 8, 2014 | DJIA, S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected downwards movement to most likely begin, but a channel breach was required before confidence could be had in a trend change. Price moved slightly higher and remains well within the channel. The wave count remains the same. Summary:...
by Lara | Mar 8, 2014 | DJIA, S&P 500 + DJIA
Bullish Wave Count. Bearish Wave Count.
by Lara | Mar 7, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected a little upwards movement to the target of 1,880 for Thursday. Price moved higher to reach 1,881.94 so far. The wave count remains the same. Summary: The situation is still unclear but in the bigger picture I favour the idea that we...
by Lara | Mar 5, 2014 | S&P 500, S&P 500 + DJIA |
Price has moved sideways in a very small range to complete a small red doji. Because a slight new high was made the wave count is changed slightly. Summary: The situation is unclear but in the bigger picture I still favour the idea that we should see overall downwards...
by Lara | Mar 5, 2014 | Apple |
Last analysis of AAPL on 19th February, expected more downwards movement which is what has happened so far. The target has not been met and the structure is incomplete. Click on charts to enlarge. Within the bigger picture this wave count sees AAPL in a super cycle...