by Lara | Mar 19, 2014 | S&P 500, S&P 500 + DJIA |
Last analysis was invalidated by upwards movement. The wave count is changed. Summary: Simple trend lines indicate the trend remains down. None of the major indexes have made new highs. The trend remains down at minor degree. I am expecting more downwards movement....
by Lara | Mar 5, 2014 | S&P 500, S&P 500 + DJIA |
Price has moved sideways in a very small range to complete a small red doji. Because a slight new high was made the wave count is changed slightly. Summary: The situation is unclear but in the bigger picture I still favour the idea that we should see overall downwards...
by Lara | Feb 17, 2014 | S&P 500, S&P 500 + DJIA |
This update is in response to the persistent insistence that the S&P 500 will make new highs. I tend to think that because this insistence, after 4 years and 11 months of a bull market, is so strong and so persistent, that it is therefore most likely wrong. At...
by Lara | Feb 4, 2014 | S&P 500, S&P 500 + DJIA, S&P 500 Historical
Movement below 1,770.45 has confirmed a trend change. The downwards trend is either a new cycle degree wave, or an intermediate degree correction. The wave count remains the same. Summary: The mid term picture is now clearer. Overall downwards movement is incomplete...
