by Lara | Dec 20, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s main wave count expected more upwards movement before a second wave correction began. The second wave correction had already started, and price did not move higher. All three daily wave counts remain valid. Click on the charts below to enlarge. Main...
by Lara | Oct 18, 2013 | S&P 500, S&P 500 + DJIA
Last analysis of the S&P 500 expected more upwards movement to end the week, with an increase in momentum. This is exactly what happened. Price has fallen short of the short term target, but is on track to reach the mid term target next week. The wave count...
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 | Aug 6, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for Monday’s session with an increase in momentum, but this did not happen. Price has moved sideways in a small range remaining well above the invalidation point. This sideways movement has indicated a more likely...
by Lara | Jul 26, 2013 | S&P 500, S&P 500 + DJIA |
Choppy overlapping downwards movement continued the correction for this small fourth wave and invalidated the alternate hourly wave count which saw it possibly complete. The wave count remains the same. I have again the same daily chart, and two hourly charts for you...
by Lara | Jun 26, 2013 | S&P 500, S&P 500 + DJIA |
Upwards movement for Wednesday’s session invalidated the labeling on the main hourly wave count. I have adjusted this wave count today. We still have the same two wave counts with the main wave count having only a slightly higher probability than the alternate....
by Lara | Jun 19, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had two hourly wave counts. Upwards movement for Tuesday’s session fits the main wave count better. The alternate remains valid but does not have the right look so I will discard it. Click on the charts below to enlarge. The bigger...
by Lara | Jun 10, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement to begin the new trading week, which is what has happened. Although price has not moved significantly higher MACD shows a small increase in upwards momentum which is also what we expected to see. The wave count remains the same....
by Lara | May 30, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement for Thursday’s session which is not what happened. Price has moved higher but remains well within the same small range it has been trading in over the last week, and the wave count still has a very typical...
