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 Historical
I currently have three monthly charts for the Dow. The main monthly wave count is the wave count I follow with daily analysis. It sees the Dow as within the second structure of a double flat or double combination at super cycle degree. The first alternate wave count...
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...
by Lara | May 20, 2012 | DJIA, S&P 500 + DJIA |
Movement below 12,710.56 early last week invalidated the alternate wave count and confirmed the main wave count. At that stage we had only one wave count and much more clarity. Price has continued lower last week which is overall what the sole remaining wave count...
by Lara | May 13, 2012 | DJIA, S&P 500 + DJIA
The Dow has moved lower over the week, but price remains above the point differentiating the two wave counts. I still have two wave counts. The current structure suggests we may not have clarity for a few more days yet, but both my hourly wave counts expect pretty...