by Lara | May 27, 2014 | S&P 500, S&P 500 + DJIA
Movement above 1,908.93 was not expected. I have reanalysed recent movement and the wave count has changed. Summary: Upwards movement is incomplete. The target is at 1,939. This analysis is published about 07:33 p.m. EST. Click on charts to enlarge. The aqua blue...
by Lara | May 19, 2014 | S&P 500, S&P 500 + DJIA |
The small channel on the hourly chart was not breached and the second wave correction moved higher. I will continue to use the channel on the hourly chart for indication of when this correction is over. Summary: The target for the next wave down is 1,822. This target...
by Lara | May 17, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement for Friday was not expected. I had expected Friday to see more downwards movement. A second wave correction had already arrived. Summary: In the short term a second wave correction may be over. When the small channel on the hourly chart containing it...
by Lara | May 14, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected. The second target is widened to a zone and now has a higher probability than the first target. Summary: The first target is 1,911. The second target is 1,931 to 1,938. At this stage I expect the second target has a higher probability....
by Lara | May 12, 2014 | S&P 500, S&P 500 + DJIA
Upwards movement was expected. The targets remain the same. Summary: The first target is 1,911. The second target is 1,938. This analysis is published about 06:11 p.m. EST. Click on charts to enlarge. Bullish Wave Count. The aqua blue trend lines are critical. Draw...
by Lara | May 8, 2014 | S&P 500, S&P 500 + DJIA |
More sideways movement for Thursday’s session fits yesterday’s alternate hourly wave count perfectly. I am discarding the main wave count now because we have not seen the increase in upwards momentum it required. I have a new alternate for you today, but...
by Lara | May 8, 2014 | Public Analysis, S&P 500, S&P 500 + DJIA
Price began Wednesday’s session with a little lower movement, then turned higher, exactly as expected. Both the main and alternate hourly wave counts remain valid. Summary: If price remains below 1,891.33 then we may expect the S&P 500 remains range bound....
by Lara | May 7, 2014 | S&P 500, S&P 500 + DJIA |
Further downwards movement is either a small second wave correction which should be almost over, or the continuation of a triangle for a B wave. I have a new alternate hourly wave count for you. Summary: I expect the upwards trend to resume either tomorrow or within a...
by Lara | May 5, 2014 | S&P 500, S&P 500 + DJIA |
The small correction that I had considered complete wasn’t, and price moved lower. Thereafter, towards the end of Monday’s session (still incomplete at the time of publication), upwards movement had resumed. Summary: It looks like upwards movement will...
