by Lara | Mar 26, 2013 | S&P 500, S&P 500 + DJIA |
Movement to a new high has invalidated the fourth wave triangle. However, the alternate hourly wave count does not have the right look. I have adjusted the hourly wave count. It is very likely that the fourth wave is over. The only question now is on the structure of...
by Lara | Mar 17, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a little downwards movement for a small degree second wave correction, to be followed by upwards movement. Price moved lower and has remained well above the invalidation point. It has not turned higher, yet. The wave count remains the same. I...
by Lara | Mar 6, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement from the S&P 500 for Wednesday’s session. The short term target however at 1,566 was not met. There is a Fibonacci ratio for this fifth wave, but not the one I was expecting. It is at this point that...
by Lara | Feb 20, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement to begin the new trading week, with an increase in upwards momentum. This is exactly what we have seen. Price has come to touch the upper edge of our wide parallel channel on the daily chart. The question now is can this...
by Lara | Feb 13, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected expected price to continue to move higher during Tuesday’s session which is what we have seen. Today I have just one hourly wave count for you. The other two were not invalidated, but they look wrong. I will continue with the wave count...
by Lara | Feb 12, 2013 | S&P 500, S&P 500 + DJIA
Last analysis had three hourly wave counts and the first two most likely wave counts expected more upwards movement. Price moved mostly sideways during Monday’s session and the situation is unchanged. Click on the charts below to enlarge. The structure for...
