by Lara | Aug 11, 2013 | S&P 500, S&P 500 + DJIA
Last analysis had three hourly wave counts and the situation was unclear. Price moved lower, a little. All three wave counts remain valid. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and Fibonacci...
by Lara | Aug 4, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement which is what we have seen. The wave counts remain the same. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and Fibonacci relationships in time. Minor wave...
by Lara | Jul 28, 2013 | S&P 500, S&P 500 + DJIA
Price moved lower during Friday’s session confirming the main hourly wave count and invalidating the alternate. This fourth wave has now lasted a Fibonacci three days and is likely to be over here. Click on the charts below to enlarge. This wave count agrees...
by Lara | Jul 20, 2013 | S&P 500, S&P 500 + DJIA
Price moved upwards for Friday’s session with slow momentum, which is what our wave count now expects. Not much has changed from last analysis. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and...
by Lara | Jul 17, 2013 | S&P 500, S&P 500 + DJIA
We have probably seen a trend change at least for the short term. With price failing to break above 1,687.18 and turning just before this point both wave counts remain valid. They still have an even probability. Click on the charts below to enlarge. Main Wave Count....
by Lara | Jul 16, 2013 | S&P 500, S&P 500 + DJIA
Price has moved slightly higher on very low volume and with a decrease in momentum. Click on the charts below to enlarge. Main Wave Count. The widest maroon channel is copied over from the monthly chart and contains all of cycle wave b. It may be that price found...
by Lara | Jul 11, 2013 | S&P 500, S&P 500 + DJIA
More upwards movement was expected by the alternate wave count. However, price has not breached the invalidation point for the main wave count and both wave counts remain valid. The main and alternate wave counts have an even probability. We need to see price break...
by Lara | Jul 7, 2013 | S&P 500, S&P 500 + DJIA |
Upwards movement breached the short term invalidation point on both hourly wave counts during Friday’s session. Price remains range bound. We need to see it break above 1,654.19 or below 1,560.33 to have clarity next week. Click on the charts below to enlarge....
by Lara | Jun 30, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected at least some upwards movement before price turned lower, for both wave counts. This is not what happened as price moved slowly lower during Friday’s session. Both wave counts remain the same at the daily chart level. The main wave count...
