by Lara | Feb 1, 2014 | S&P 500, S&P 500 + DJIA |
I had expected a slight new high for Friday to be followed by more downwards movement. Price moved lower, but did not move any higher at the start of the session. The wave count remains the same. Summary: Both wave counts remain valid. Price needs to break above...
by Lara | Jan 30, 2014 | S&P 500, S&P 500 + DJIA |
I expected overall upwards movement for a green candlestick for Thursday’s session which is what has happened. The wave count remains the same. Summary: If there has been no trend change at either intermediate or cycle degree then price should continue upwards...
by Lara | Jan 29, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected choppy overlapping movement for a small fourth wave correction which is exactly what happened. Downwards movement was expected and was what happened. The wave count remains the same. Summary: The fourth wave correction should move...
by Lara | Jan 28, 2014 | S&P 500, S&P 500 + DJIA
Last analysis expected more downwards movement. The first target at 1,785 was not where the subminuette wave iii ended, but the second target for minuette wave (iii) at 1,775 was met and only slightly exceeded by 2.12 points. Downwards movement was expected and was...
by Lara | Jan 17, 2014 | S&P 500, S&P 500 + DJIA |
I had expected upwards movement with some increase in upwards momentum for Thursday’s session. This is not what happened. Price moved lower and the session ended with a red candlestick on the daily chart. I have a new alternate wave count for you today. The wave...
by Lara | Jan 10, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected Thursday’s session to begin with some upwards movement towards a short term target at 1,841 and then to move lower towards a target at 1,828 – 1,825. Price began with upwards movement for Thursday, reaching 1,843.23...
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 | Jan 7, 2014 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected a little more upwards movement towards a short term target at 1,839.73. Price reached up to 1,840.10. The wave count remains the same. Click on the charts below to enlarge. This wave count has a higher probability than the bullish...
by Lara | Jan 6, 2014 | S&P 500, S&P 500 + DJIA
Last analysis expected a little downwards movement to begin the new week, followed by upwards movement. This is mostly what has happened. On the hourly chart this movement fits perfectly with the main wave count. The alternate hourly wave count was invalidated. Click...