by Lara | May 20, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement, which is what we have seen for Monday’s session. The short term target is still days away. The wave count remains the same. Click on the charts below to enlarge. Within intermediate wave (C) minor wave 1 was...
by Lara | May 18, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected it was most likely we should see overall downwards movement which should be choppy and overlapping, for another one to two sessions. This is not what happened. Price has moved higher so the probability the correction was brief and is over has...
by Lara | May 2, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a little more upwards movement to a short term target at 1,612. This did not happen, but although price moved lower it has remained above the invalidation point on the hourly chart. I am adjusting the wave count on the hourly chart...
by Lara | May 1, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for the main wave count which is what we have seen. Price has now made a new high and the alternate wave count is invalidated. I have just the one daily and one hourly wave count for you today. Click on the charts below to...
by Lara | Apr 24, 2013 | S&P 500, S&P 500 + DJIA
The main wave count expected upwards movement for Tuesday’s session with an increase in momentum which is what we have seen. However, the short term target at 1,587 was not reached with price falling 7.42 points short of the target. The wave counts remain the...
by Lara | Apr 23, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement from the main wave count for Monday’s session which is what we have seen. Price remains below the invalidation point on the alternate daily and hourly wave counts and so both wave counts remain valid. Click on the charts...
by Lara | Apr 3, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected price to rise further for a few days or so. However, downwards movement has invalidated both hourly wave counts. I have two wave counts for you today. We may use confirmation / invalidation points to work with these two counts. We should always...
by Lara | Apr 2, 2013 | S&P 500, S&P 500 + DJIA
The main hourly wave count expected upwards movement for Tuesday’s session. It was confirmed with a new high. Price is now within the first of two target zones and it looks like it shall now continue up into the second higher target zone. The expected end date...
by Lara | Mar 26, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement towards a short term target at 1,568. Price has moved higher but has not yet reached the target. The wave count remains the same with just the one daily and one hourly chart at this stage. Click on the charts below...