by Lara | Jun 23, 2013 | S&P 500, S&P 500 + DJIA |
Price moved mostly sideways during Friday’s session, managing to stay just above the invalidation point on the daily chart. I still have two wave counts for you. While price remains within the range of our confidence / invalidation points both wave counts will...
by Lara | Jun 15, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Friday’s session. Price reached a slight new high but moved downwards during the session, remaining above the invalidation point on the hourly chart. The wave count remains the same with just the one daily and one...
by Lara | Jun 8, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected the S&P 500 to continue to move higher for Friday’s session which is exactly what happened. We now have confirmation on the hourly chart that the upwards trend has resumed. Click on the charts below to enlarge. The bigger picture sees...
by Lara | Jun 6, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected the S&P 500 to move higher for Wednesday’s session which is not what happened. However, we had a confirmation point and a trend channel which needed to be breached before we could have confidence that the upwards trend...
by Lara | Jun 1, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected downwards movement for Friday’s session to a short term target at 1,628. Price moved lower as expected, falling short of the target by just 2.74 points. The wave count remains the same. Click on the charts below to enlarge. Within...
by Lara | May 25, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more choppy overlapping movement for Friday’s session which is mostly what happened. This correction is most likely incomplete. The wave count remains the same. Click on the charts below to enlarge. Within intermediate wave (C) minor wave...
by Lara | May 21, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected more upwards movement from the S&P 500 which is what has happened. Price is on track to reach the short term target which is still a few days away. Click on the charts below to enlarge. Within intermediate wave (C) minor wave 1...
by Lara | May 15, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement from the S&P 500 which is what happened. Price is now very close to the short term target. Price found resistance at the upper edge of the parallel channel on the hourly chart during Wednesday’s...
by Lara | May 12, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Last analysis expected upwards movement for Friday’s session. Price did move slightly higher for the session, but most movement was sideways. It is more likely now that the fourth wave correction is over and the fifth wave may have begun at the end of...
