by Lara | Nov 21, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected it was highly likely that a small fourth wave correction was finally over, and that price should move higher during Thursday’s session. This is what happened. The wave counts remain the same. The main and alternate wave counts...
by Lara | Nov 19, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected a fourth wave correction to continue, and possibly end at the end of Tuesday’s session. This is what happened. There were several possibilities yesterday for the structure of this fourth wave, and the most common flat...
by Lara | Nov 18, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more upwards movement towards short term targets at 1,804 and 1,807. Upwards movement reached 1,802.33, 1.67 points short of the first target, before turning lower. The wave counts remain the same. Click on the charts below to enlarge. Main Wave...
by Lara | Nov 17, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
During Friday the analysis expected to see more upwards movement with an increase in momentum. This is exactly what happened. The targets remain the same. The wave count remains the same. I will review monthly charts in this end of week analysis. Click on the charts...
by Lara | Nov 13, 2013 | S&P 500, S&P 500 + DJIA
Movement to a new high has clarified the situation. There has been no trend change. If the bullish alternate is correct then upwards movement should continue to breach the upper edge of the maroon channel from the monthly chart. If the more bearish main wave count is...
by Lara | Nov 13, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a little more upwards movement for Tuesday before a second wave correction began. The second wave correction had already begun, and price did not move higher. I have again an alternate which looks at the possibility of a trend change at cycle...
by Lara | Nov 11, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for Monday’s session which is what has happened. The structure on the hourly chart indicates an adjustment in the wave count, but the mid term and long term targets remain the same. Click on the charts below to enlarge....
by Lara | Nov 10, 2013 | S&P 500, S&P 500 + DJIA |
Movement above 1,755.72 has clarified the situation, confirming the main wave count and invalidating the alternate. The S&P 500 has not had a big trend change and I will expect new highs. I will continue to publish the bullish alternate wave count alongside the...
by Lara | Nov 5, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement which is what has happened. The target is not yet reached, but the structure is incomplete. I am today making some adjustments to the alternate bullish monthly wave count so that it makes more sense. Click on the...