by Lara | Jan 8, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected two more days of very choppy overlapping movement to complete this fourth wave correction. We now have one more day of this overlapping movement, and the structure is incomplete. It may end tomorrow. Click on the charts below to...
by Lara | Nov 11, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for Monday’s session which is what has happened. The structure on the hourly chart indicates an adjustment in the wave count, but the mid term and long term targets remain the same. Click on the charts below to enlarge....
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 11, 2013 | S&P 500, S&P 500 + DJIA
Movement above 1,685.66 and outside the channel on the hourly chart indicates a trend change. The wave counts remain the same. Click on the charts below to enlarge. Main Wave Count. Intermediate wave (4) is now over, it lasted 14 days, just one more than a Fibonacci...
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 17, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected again more upwards movement to begin the new trading week, which is what happened. The short term target has not yet been reached, but may be tomorrow. The short term structure is incomplete. The wave counts remain the same. Click on the charts...
by Lara | Sep 9, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more downwards movement to begin the new trading week, before a third wave up. This is not what happened, the second wave correction was already over and the third wave up had begun. Click on the charts below to enlarge. Main Wave Count. This...
by Lara | Aug 29, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected a little more downwards movement before this correction is over. Price has moved higher, and the correction is incomplete. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and...
by Lara | Aug 21, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s main wave count had two hourly charts. The first was invalidated with movement below 1,645.84. Price continued lower to reach 2.57 points below the target on the second hourly chart. The main wave count remains the same. Click on the charts below to...
