by Lara | Dec 28, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected choppy overlapping movement to begin and last for five to eight days. Friday’s session was very quiet and produced a small red candlestick which fits nicely with the wave count. The wave count remains mostly the same. Click on the charts...
by Lara | Dec 27, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected a little more downwards movement to complete a small fourth wave correction before the upwards trend resumed. Price did not move lower. The correction completed as a sideways moving triangle, and was followed by more upwards movement. The wave...
by Lara | Dec 23, 2013 | S&P 500, S&P 500 + DJIA
The short term target provided in last analysis was 1,827 to 1,828. It was expected to be reached during Monday’s session, and price has reached up just 1.75 points above the target. The wave counts remain the same. Click on the charts below to enlarge. This...
by Lara | Dec 22, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected Friday to at least begin with lower movement towards a short term target at 1,802, and to most likely complete a red candlestick on the daily chart. This is not what happened. Price moved higher. The bearish alternate is invalidated. The main...
by Lara | Dec 20, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s main wave count expected more upwards movement before a second wave correction began. The second wave correction had already started, and price did not move higher. All three daily wave counts remain valid. Click on the charts below to enlarge. Main...
by Lara | Dec 19, 2013 | S&P 500, S&P 500 + DJIA
The short term target on the hourly chart for Wednesday was at 1,765. Price reached down to 1,767.99, just 2.99 points short of the target, and ended with a slight overshoot of the midline of the parallel channel. Thereafter, price turned strongly upwards exactly as...
by Lara | Dec 18, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement for Tuesday’s session which is exactly what happened. The short term target has been recalculated. The wave counts remain the same. Click on the charts below to enlarge. Main Wave Count. This wave count has a higher...
by Lara | Dec 14, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Last analysis expected some upwards movement towards a short term target at 1,791 before more downwards movement. This is not what happened. Price moved sideways and a little lower in a quiet session for Friday the 13th. The wave counts remain the same. It is time to...
by Lara | Dec 12, 2013 | S&P 500, S&P 500 + DJIA
The main wave count was invalidated with movement below 1,775.22. The first daily alternate, with some small adjustment, remains valid and is now the main wave count. Yesterday’s second daily alternate actually has the best look, but we should always assume the...
