by Lara | Nov 11, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected downwards movement for Friday’s session. The S&P 500 made a new low as price moved lower, before turning upwards for a small correction. At this stage we have clarity. I have just one wave count at the daily chart level, with two...
by Lara | Nov 8, 2012 | S&P 500, S&P 500 + DJIA
Exactly as expected from yesterday’s analysis price has moved lower during Thursday’s session. We have movement below the confirmation point of the main wave count and the alternate is now invalidated. We have only one wave count and we may have a lot of...
by Lara | Nov 7, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected price to move higher for Wednesday’s session. Downwards movement invalidated the hourly wave counts. However, downwards movement has breached the invalidation point for the first wave count for the DJIA. Although price remains above the...
by Lara | Nov 7, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Tuesday’s session from both wave counts. Exactly as expected price has moved higher during Tuesday’s session. Both wave counts again expect the same direction next. The targets are the same as are the lower...
by Lara | Nov 6, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement with increased momentum for Monday’s session. Price has closed higher, but only after making a new low (within allowable limits), and momentum did not increase. The wave counts are the same and for the S&P 500 remain...
by Lara | Nov 4, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for the first wave count to begin Friday’s session to a short term target at 1,439, before price moved lower. Price reached up to 4.73 points short of the target before turning back down. At this stage the first and second...
by Lara | Nov 1, 2012 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had two wave counts which diverged. Price has risen giving a little more clarity, but both wave counts remain valid. Price is now extremely close to the invalidation point of the second hourly wave count. If this price point is passed...
by Lara | Oct 28, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement from the S&P for Friday’s session, but did allow for downwards movement and a confidence point was provided. Price did not reach the confidence price point and no confidence could be had in a trend change. Price moved...
by Lara | Oct 25, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected more downwards movement for Thursday’s session to a short term target at 1,403 to 1,399, favouring the upper edge of the target zone. Price has reached down to 1,405.14, 2.14 points short of the target. The wave count remains...