by Lara | Jan 17, 2014 | S&P 500, S&P 500 + DJIA |
I had expected upwards movement with some increase in upwards momentum for Thursday’s session. This is not what happened. Price moved lower and the session ended with a red candlestick on the daily chart. I have a new alternate wave count for you today. The wave...
by Lara | Nov 13, 2013 | S&P 500, S&P 500 + DJIA
Movement to a new high has clarified the situation. There has been no trend change. If the bullish alternate is correct then upwards movement should continue to breach the upper edge of the maroon channel from the monthly chart. If the more bearish main wave count is...
by Lara | Nov 4, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected some upwards movement from the S&P 500 to begin the new week, to a short term target at 1,773. Price did move higher as expected, reaching up to 1,768.78, 4.22 points short of the short term target. The wave count remains the...
by Lara | Sep 21, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected downwards movement for Friday’s session which is exactly what happened. The wave count remains the same, with still just the one daily and one hourly chart for you. Click on the charts below to enlarge. At 1,740 intermediate...
by Lara | Sep 18, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Yesterday’s analysis expected choppy overlapping movement trending downwards for Wednesday. This is not what happened. A sharp upwards thrust above 1,709.67 has confirmed the main daily wave count and invalidated the alternate. I have just the one wave count for...
by Lara | Sep 1, 2013 | S&P 500, S&P 500 + DJIA
Downwards movement for Friday was expected for the main wave count. The target has not yet been reached. The wave counts remain the same. Click on the charts below to enlarge. Main Wave Count. This wave count agrees with MACD and has some nice Fibonacci ratios in...
by Lara | Aug 25, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more upwards movement which is what happened. However, we have not seen an increase in momentum, yet. The wave count remains the same. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in...
by Lara | Aug 19, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for all or most of Monday’s session. This is not what happened. The fourth wave correction may already have been over and very brief, as price simply moved lower. The target has not yet been reached and the structure is...
by Lara | Aug 17, 2013 | S&P 500, S&P 500 + DJIA |
Thursday’s analysis expected some upwards movement for a correction, before overall downwards movement for Friday. Price moved lower in very choppy movement. Both wave counts remain the same. We do not have confirmation of a trend change at this stage. Click on...