by Lara | May 20, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement, which is what we have seen for Monday’s session. The short term target is still days away. The wave count remains the same. Click on the charts below to enlarge. Within intermediate wave (C) minor wave 1 was...
by Lara | May 2, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected a little more upwards movement to a short term target at 1,612. This did not happen, but although price moved lower it has remained above the invalidation point on the hourly chart. I am adjusting the wave count on the hourly chart...
by Lara | Apr 24, 2013 | S&P 500, S&P 500 + DJIA
The main wave count expected upwards movement for Tuesday’s session with an increase in momentum which is what we have seen. However, the short term target at 1,587 was not reached with price falling 7.42 points short of the target. The wave counts remain the...
by Lara | Apr 3, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected price to rise further for a few days or so. However, downwards movement has invalidated both hourly wave counts. I have two wave counts for you today. We may use confirmation / invalidation points to work with these two counts. We should always...
by Lara | Mar 26, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement towards a short term target at 1,568. Price has moved higher but has not yet reached the target. The wave count remains the same with just the one daily and one hourly chart at this stage. Click on the charts below...
by Lara | Mar 18, 2013 | S&P 500, S&P 500 + DJIA
Movement below 1,548.24 invalidated the main hourly wave count and confirmed the alternate on the hourly chart. At that stage the target was 1,555. Price has reached down to 1,545.13 for the session. At the daily chart level the wave count remains mostly the same,...
by Lara | Mar 7, 2013 | S&P 500, S&P 500 + DJIA |
Analysis for yesterday expected Thursday’s session to see choppy, overlapping sideways movement which may possibly make a new high. This is exactly what happened. The structure for this correction is unfolding as expected, so far. The wave count remains the...
by Lara | Feb 27, 2013 | S&P 500, S&P 500 + DJIA |
Movement above 1,508.33 invalidated both hourly wave counts. I had expected downwards movement for Wednesday’s session which did not happen. Both wave counts remain valid while no new high has been made. Click on the charts below to enlarge. Main Wave Count....
by Lara | Feb 24, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected to see some upwards movement for Friday’s session which was expected to last for some or all of the session. Upwards movement lasted for the whole session and has remained below the invalidation point. The wave count is the same and so far...
