by Lara | Aug 12, 2012 | S&P 500, S&P 500 + DJIA |
Price again moved mostly sideways during Friday’s session, slightly breaching the very short term invalidation point at 1,396.13 but remaining above the main wave count invalidation point. I still have two wave counts to end the week. At this stage the wave...
by Lara | Aug 10, 2012 | S&P 500, S&P 500 + DJIA |
With the SPX500 moving sideways the situation is unchanged since last analysis. I still have two wave counts which expect the same movement next. Targets and invalidation points are the same. After the next movement is completed then the wave counts diverge and we...
by Lara | Aug 8, 2012 | S&P 500, S&P 500 + DJIA
The invalidation point at 1,399.63 was very close by and price breached this point a little early in Wednesday’s session invalidating the hourly wave counts. Both daily wave counts remain valid. The structure unfolding is a little different from...
by Lara | Aug 8, 2012 | S&P 500, S&P 500 + DJIA |
The main wave count for last analysis expected upwards movement. So far price has fallen 3.86 points short of the first target at 1,411. I still have two wave counts today. At this stage they do not diverge. Click on the charts below to enlarge. Main Wave Count....
by Lara | Aug 7, 2012 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for both the main and alternate wave counts. The short term target was at 1,412 – 1,417 and price has fallen well short of this. At this point the main wave count and alternate wave counts diverge. I will use confirmation...
by Lara | Aug 4, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected Friday’s session to begin with a little upwards movement, but not nearly as much as we got. Upwards movement quickly invalidated the hourly wave count although the daily wave count remains valid. This invalidation illustrates again why it...
by Lara | Aug 2, 2012 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement for the main hourly wave count which is what happened. At this stage the alternate wave count remains valid but it looks so ridiculous I will only publish it to point out its errors. I will be using the parallel...
by Lara | Aug 2, 2012 | S&P 500, S&P 500 + DJIA |
With price moving lower, albeit relatively slowly, I have a new alternate wave count today. The main hourly wave count remains valid. The daily wave count also remains the same. Click on the charts below to enlarge. This wave count sees a big trend change at the price...
by Lara | Aug 1, 2012 | S&P 500, S&P 500 + DJIA |
Last analysis expected either upwards movement towards the target, or choppy overlapping sideways movement. Tuesday’s session can certainly be described as choppy, overlapping and sideways which was the second option that was expected. I have still the same...
