by Lara | Feb 4, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a little more upwards movement to a target at 1,518 to 1,519 before a trend change. However, price has moved lower to reach below the invalidation point on the hourly chart. I have the same main wave count with an hourly chart, and a new...
by Lara | Feb 3, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more upwards movement from the S&P 500 towards a target at 1,518 to 1,519. Price has risen during Friday’s session as expected, and the target is not yet met. The structure on the hourly chart looks very typical and price remains well...
by Lara | Feb 1, 2013 | S&P 500, S&P 500 + DJIA
The main wave count from last analysis expected more upwards movement for the session (after a small dip down) while the alternate expected downwards movement. At this stage it is too early to decide which wave count is correct and so we should assume the trend...
by Lara | Jan 31, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more upwards movement from the S&P 500 for Wednesday’s session. Price has moved lower but remains within the allowable limit, above the invalidation point on the hourly chart. The wave count remains the same. I have an alternate...
by Lara | Jan 29, 2013 | S&P 500, S&P 500 + DJIA
Analysis of Monday’s session expected more upwards movement from the S&P 500 for Tuesday’s session, which is what we have seen. Price is moving closer to the target on the hourly chart. The daily wave count and hourly wave counts remain mostly the...
by Lara | Jan 28, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected a little more upwards movement before a small sideways correction to a short term target at 1,509. Price has moved sideways and slightly lower without reaching the target. The wave count remains the same at the daily chart level, and mostly the...
by Lara | Jan 25, 2013 | S&P 500, S&P 500 + DJIA
The S&P 500 has moved higher again as expected from yesterday’s analysis. I have the same daily wave count and only one hourly wave count for you today. We need to use the channel on the daily chart to confirm a trend change. Until we have confirmation of a...
by Lara | Jan 25, 2013 | DJIA, S&P 500 + DJIA
Movement above 13,661.87 invalidated the main wave count and confirmed the alternate wave count. At that stage more upwards movement was expected. This week I have just the one wave count at the daily and hourly chart levels. The wave count has not changed for the...
by Lara | Jan 24, 2013 | S&P 500, S&P 500 + DJIA |
The S&P 500 has moved higher again as expected from yesterday’s analysis almost reaching the target at 1,504. I have the same daily wave count and two hourly wave counts for you today. We need to use confirmation / invalidation points to work with the two...
