by Lara | Sep 2, 2012 | DJIA, S&P 500 + DJIA
The Dow moved lower during last week, as expected, and the main daily wave count remains valid. I still have two daily wave counts for you. The main wave count has the highest probability. The alternate should only be considered if the main wave count is invalidated....
by Lara | Aug 25, 2012 | DJIA, S&P 500 + DJIA |
The Dow did move higher at the beginning of last week and the wave count remained valid. Thereafter, we saw downwards movement during the week which is what the main wave count expected. I still have two wave counts for you: the main wave count has one hourly chart...
by Lara | Aug 19, 2012 | DJIA, S&P 500 + DJIA
Movement early in the week above 13,215.9 invalidated the alternate hourly wave count confirming the main wave count. At that stage the target for upwards movement was 13,250 in the first instance. Price has passed this target during last week. The main wave count has...
by Lara | Aug 12, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis of the Dow expected more upwards movement towards a target at 13,155 to 13,160. Price has risen to reach 55.9 points above the upper end of the target zone. Sideways movement of the last three days can be interpreted differently. I have two...
by Lara | Aug 4, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis expected Monday to begin with upwards movement. Price did make a new high during Monday’s session but fell well short of the target at 13,193. Thereafter, the main wave count expected downwards movement to unfold as a clear three wave...
by Lara | Jul 29, 2012 | DJIA, S&P 500 + DJIA
Last week’s analysis was invalidated with movement below 12,784.43. Movement above 12,977.57 during Friday’s session indicates that this correction is obviously not over. I have the one daily wave count with two hourly wave counts this week. Click on the...
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...
