by Lara | Dec 11, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected some downwards movement for a second wave correction, but I had expected it to be over more quickly so as to not see a red candlestick on the daily chart. The wave count remains the same. Click on the charts below to enlarge. Main Wave Count....
by Lara | Dec 10, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more upwards movement which is what we have seen. The short term target was at 1,818, but upwards movement only reached 1,811.52, 6.48 points below the target. The wave count remains the same. Click on the charts below to enlarge. Main Wave...
by Lara | Dec 7, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected it was extremely likely we should see upwards movement for Friday’s session, which is what happened. I am changing the daily wave count in regards to the degree of labeling of this last upwards impulse in order for the wave count to fit...
by Lara | Dec 4, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had two hourly wave counts. The main hourly wave count was invalidated with movement below 1,787.85, and the alternate hourly wave count was confirmed. At the daily chart level the wave count remains mostly the same. It is now extremely...
by Lara | Dec 1, 2013 | S&P 500, S&P 500 + DJIA |
A new high for Friday was unexpected and breached the invalidation point on the hourly chart. Overall though it still looks most likely that a fourth wave is completing. The wave count is changed at the hourly chart level. Click on the charts below to enlarge. Main...
by Lara | Nov 27, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected price to break out of a small zone, and provide confirmation of one of the hourly wave counts. It did not do that, and price moved mostly sideways within a narrow range. It should break out of this zone tomorrow and provide some...
by Lara | Nov 26, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement from the S&P 500 for Tuesday’s session, which is how the session began. This upwards movement was followed by a deep correction so that the day ended sideways with a doji candlestick. The wave counts...
