by Lara | Oct 5, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected a little upwards movement before a trend change and a new low. Price has moved higher and there was no trend change. Upwards movement remains below the invalidation point on the hourly chart. I have two hourly charts for you to end the week. I...
by Lara | Oct 3, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected to see choppy, overlapping upwards movement for a few days. This is not what happened. Movement below 1,680.34 invalidated the hourly wave count before price made a new low. The daily wave count remains the same. Click on the charts...
by Lara | Oct 2, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected one small upwards wave to a short term target at 1,701 before a short term trend change and downwards movement. However, price just moved lower. The structure at the hourly chart level is different for today’s analysis, but...
by Lara | Oct 1, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected downwards movement to last all or most of Tuesday’s session, but this is not what happened. Price has moved higher, and there is now a very clear breach of the channel on the hourly chart. I will not keep publishing the...
by Lara | Sep 30, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more downwards movement to start the new trading week which is exactly what happened. The short term target is not yet reached, and the structure is incomplete. The wave counts remain the same. Click on the charts below to enlarge. At 1,740...
by Lara | Sep 26, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected a little downwards movement towards a short term target at 1,687 before a trend change. Price has moved very slowly lower, but the target is not yet reached and the trend change has not yet happened. Click on the charts below to...
by Lara | Sep 24, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement which is not what happened. Price made a new low then moved sideways. The wave count on the hourly chart is adjusted. Click on the charts below to enlarge. At 1,740 intermediate wave (C) would reach equality with...
by Lara | Sep 23, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a little more downwards movement towards about 1,705.83 before the resumption of the upwards trend. Price moved lower, 8.73 points below the target, and has not yet confirmed that this is over. Click on the charts below to enlarge. At 1,740...
by Lara | Sep 20, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected a little more upwards movement towards a target at 1,731 before price turned downwards for a fourth wave correction. Price did move very slightly higher, falling just 1.14 points short of the target before turning lower as expected....
