by Lara | Nov 7, 2013 | Apple
Last analysis expected downwards and sideways movement on the hourly chart for a fourth wave correction which is what has happened. The wave count remains the same. I can now calculate a target for this fourth wave to end. Click on the charts below to enlarge. A large...
by Lara | Nov 7, 2013 | FTSE
Last analysis on 14th October, 2013 expected more upwards movement for the start of a third wave. The mid term target at 7,406 has not been reached, but the structure is still incomplete. Click on the charts below to enlarge. Within intermediate wave (4) it is...
by Lara | Nov 6, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement which is not what happened. Price has moved higher, but without a new high both wave counts remain valid. Click on the charts below to enlarge. Main Wave Count. This wave count has a higher probability than 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...
by Lara | Nov 4, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected some upwards movement from the S&P 500 to begin the new week, to a short term target at 1,773. Price did move higher as expected, reaching up to 1,768.78, 4.22 points short of the short term target. The wave count remains the...
by Lara | Nov 2, 2013 | S&P 500, S&P 500 + DJIA
Price moved sideways for Friday’s session. Downwards movement at the beginning of the session was expected. So far the first and second hourly wave counts do not diverge. They both expect the same direction next. Click on the charts below to enlarge. Main Wave...
by Lara | Nov 1, 2013 | S&P 500, S&P 500 + DJIA |
At this stage the wave counts diverge. Downwards movement fits both the main and alternate wave counts, but is not enough to provide any confidence in a trend change… yet. Click on the charts below to enlarge. This wave count has a higher probability than the...
by Lara | Oct 31, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement towards a target at 1,780 to 1,781. Price did move higher during Wednesday’s session, but only by 3.27 points. Thereafter, downwards movement has clearly breached the parallel channel on the hourly chart. Click on the...
by Lara | Oct 29, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had a main wave count at the daily and hourly chart level which expected more upwards movement. This is what has happened. We have not seen a trend change on 28th October, although we did reach the target at that date. We must always assume...
