by Lara | Mar 26, 2013 | S&P 500, S&P 500 + DJIA |
Movement to a new high has invalidated the fourth wave triangle. However, the alternate hourly wave count does not have the right look. I have adjusted the hourly wave count. It is very likely that the fourth wave is over. The only question now is on the structure of...
by Lara | Mar 18, 2013 | S&P 500, S&P 500 + DJIA
Movement below 1,548.24 invalidated the main hourly wave count and confirmed the alternate on the hourly chart. At that stage the target was 1,555. Price has reached down to 1,545.13 for the session. At the daily chart level the wave count remains mostly the same,...
by Lara | Mar 17, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a little downwards movement for a small degree second wave correction, to be followed by upwards movement. Price moved lower and has remained well above the invalidation point. It has not turned higher, yet. The wave count remains the same. I...
by Lara | Mar 7, 2013 | S&P 500, S&P 500 + DJIA |
Analysis for yesterday expected Thursday’s session to see choppy, overlapping sideways movement which may possibly make a new high. This is exactly what happened. The structure for this correction is unfolding as expected, so far. The wave count remains the...
by Lara | Mar 6, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement from the S&P 500 for Wednesday’s session. The short term target however at 1,566 was not met. There is a Fibonacci ratio for this fifth wave, but not the one I was expecting. It is at this point that...
by Lara | Feb 24, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected to see some upwards movement for Friday’s session which was expected to last for some or all of the session. Upwards movement lasted for the whole session and has remained below the invalidation point. The wave count is the same and so far...
by Lara | Feb 20, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement to begin the new trading week, with an increase in upwards momentum. This is exactly what we have seen. Price has come to touch the upper edge of our wide parallel channel on the daily chart. The question now is can this...
by Lara | Feb 13, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected expected price to continue to move higher during Tuesday’s session which is what we have seen. Today I have just one hourly wave count for you. The other two were not invalidated, but they look wrong. I will continue with the wave count...
