by Lara | Jan 5, 2013 | DJIA, S&P 500 + DJIA
Movement early in the week above 13,365.86 invalidated the wave count. The upwards movement clearly was not over and the wave count has been adjusted to allow for this. The invalidation point is back to where it was a couple of weeks ago. The wave count is mostly the...
by Lara | Dec 30, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis had two wave counts for the Dow. Movement lower during the week indicated the main wave count was correct. This week I have the same main daily wave count with two hourly wave counts. Click on the charts below to enlarge. At the monthly...
by Lara | Dec 23, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis for the Dow expected more upwards movement which has happened. This week I have the same main wave count for you with an alternate. At this stage the main and alternate wave counts objectively (considering the Dow as its own stand alone...
by Lara | Dec 16, 2012 | DJIA, S&P 500 + DJIA |
Last week’s analysis had two wave counts which diverged. With price movement above 13,290.75 the main wave count was invalidated and the alternate wave count was confirmed. At that point price was expected to move higher. This week we have only one wave count...
by Lara | Dec 9, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected downwards movement for the main wave count, with increasing momentum. We had an alternate hourly wave count which allowed for more upwards movement. Price movement above 13,026.84 invalidated the main hourly wave count leaving only...
by Lara | Dec 2, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected more upwards movement towards a target at 13,024. Price moved higher to reach 38 points above the target. Upwards movement was expected to end in either one or four trading days after last analysis. The high was reached after four...
by Lara | Nov 23, 2012 | DJIA, S&P 500 + DJIA |
Last week’s analysis of the Dow expected upwards movement for this week which is what has happened. Although price remains below the invalidation point I have adjusted the wave count to remain in line with the S&P 500. The slightly different take on recent...
by Lara | Nov 17, 2012 | DJIA, S&P 500 + DJIA
The main hourly wave count from last week’s analysis expected the Dow to move higher in a correction for the week. That wave count had a confirmation point at 13,007.13. Price did not move above the confirmation point and instead moved lower for the week, and...
by Lara | Nov 11, 2012 | DJIA, S&P 500 + DJIA
Movement below 12,977.57 early last week invalidated the first wave count and confirmed the second wave count. We now have some clarity and just one wave count. With confirmation of this wave count I can now calculate long term targets. Click on the charts below to...
