by Lara | May 24, 2014 | S&P 500, S&P 500 + DJIA |
More upwards movement was not expected for the main wave count, but was for the alternate. Both wave counts remain valid at this stage. Summary: This may be a very deep second wave correction. Tuesday’s price action should clarify which wave count is correct....
by Lara | May 22, 2014 | S&P 500, S&P 500 + DJIA
Some upwards movement was expected, but the target at 1,891 was well passed. The wave count remains valid. Summary: I expect downwards movement from here. It should increase in momentum next week. This analysis is published about 06:05 p.m. EST. Click on charts to...
by Lara | May 22, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Upwards movement invalidated the hourly wave count. Overall the wave count remains mostly the same, with upwards movement a continuation of a second wave correction which is now a clear three on the daily chart. Summary: Tomorrow may begin with a small amount of...
by Lara | May 21, 2014 | Apple, Apple Historical |
Upwards movement continued as wave count expected. Click on charts to enlarge. Because the downwards wave labeled here cycle wave a subdivides so well as a five wave impulse, with an extended third wave, the correction cannot be over there. This means that upwards...
by Lara | May 21, 2014 | S&P 500, S&P 500 + DJIA |
A clear breach of the small channel on the hourly chart indicates that the third wave has begun. The target remains the same. Summary: The target for the next wave down is 1,822. This target should be met early to mid next week. I expect to see a strong increase in...
by Lara | May 16, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
I had expected downwards movement for the short term, for Thursday’s session, but not below 1,867.02. The hourly wave count was invalidated. This makes a big difference to the wave count so I will look at the bigger picture again. Summary: The S&P has...
by Lara | May 14, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA |
I had expected a continuation of upwards movement for Wednesday, with a slowing of momentum. This is not what happened. Price moved lower. Although price remains above the invalidation point on yesterday’s hourly wave chart, the red candlestick for...
by Lara | May 10, 2014 | S&P 500, S&P 500 + DJIA
The main wave count looks even better after Friday’s price action. With slightly lower movement the targets have been recalculated. Summary: I expect to see upwards movement next week. A break above 1,889.07 would confirm this. The first target is 1,911. The...
by Lara | May 5, 2014 | S&P 500, S&P 500 + DJIA |
The small correction that I had considered complete wasn’t, and price moved lower. Thereafter, towards the end of Monday’s session (still incomplete at the time of publication), upwards movement had resumed. Summary: It looks like upwards movement will...
