by Lara | Jul 22, 2012 | DJIA, S&P 500 + DJIA
There was no confirmation of a trend change last week and we had to allow for the possibility of new highs as per the alternate wave count for the Dow. Movement above 12,961.3 invalidated the main hourly wave count and confirmed the alternate. I have adjusted the...
by Lara | Jul 15, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected the week to start with more downwards movement. The main hourly wave count had a target at 12,625 and the alternate at 12,366. Downwards movement ended at 12,492 before turning upwards. I still have the one daily wave count with two...
by Lara | Jul 8, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis had two hourly wave counts with a differentiating price point at 12,898.94. This price point was quickly passed at the open of the trading week invalidating the main hourly wave count and confirming the alternate. The alternate wave count...
by Lara | Jul 1, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected the Dow to move lower to a target of 12,520. Price reached down to 12,458.04 before turning back upwards. Thereafter, analysis expected a deep correction and favoured the 0.618 Fibonacci ratio of the previous impulse. Price has...
by Lara | Jun 24, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected upwards movement from the Dow to a target of 12,918. Price began the week by moving higher to reach 19.14 points below the target before turning downwards. Thereafter, analysis expected price to turn downwards. We were looking for a...
by Lara | Jun 15, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected overall upwards movement from the Dow to continue a correction for a second wave. Price has moved higher, beyond the first target, and is nearing the second target. I still have one daily and one hourly chart for the Dow this week....
by Lara | Jun 10, 2012 | DJIA, S&P 500 + DJIA
The Dow did not move as low as I had expected. Price fell 15 points short of the short term target, and got nowhere near the long term target before turning upwards to breach the invalidation point on the hourly chart. I have reanalysed downwards movement from the...
by Lara | Jun 3, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected a correction to end and then further downwards movement. The triangle structure was invalidated and I expected at that stage the correction was possibly a combination. With the correction over I am now able to calculate targets. I...
by Lara | May 27, 2012 | DJIA, S&P 500 + DJIA
Price has moved mostly sideways for the whole week. I had expected a fourth wave correction to arrive last week, but I expected the third wave to move lower first, which did not happen. I still have just the one daily and one hourly wave counts this week. The...
