by Lara | Dec 12, 2013 | S&P 500, S&P 500 + DJIA
I had expected more downwards movement to complete a second wave correction, but not as much as we have got, and I had expected it to be over during the morning of Wednesday’s session. The depth of this downwards movement over the last two days has made me step...
by Lara | Dec 6, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement for Thursday which was not what happened. Price moved lower, but has remained above the invalidation point on the hourly chart, and has unfolded as a clear three wave structure. The wave count remains the same....
by Lara | Nov 25, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more upwards movement towards a target at 1,817, which I expected to be reached during Monday or early Tuesday. The structure is now complete and upwards movement fell well short of the target. The wave count remains the same. Click on the...
by Lara | Nov 24, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement for Friday’s session with a small increase in upwards momentum towards a short term target. Price has moved higher, momentum did increase slightly, but the target was not quite met. The structure is incomplete and the...
by Lara | Nov 21, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected it was highly likely that a small fourth wave correction was finally over, and that price should move higher during Thursday’s session. This is what happened. The wave counts remain the same. The main and alternate wave counts...
by Lara | Nov 21, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected that a small fourth wave correction was over and that price would move higher during Thursday’s session. This is not what happened. Downwards movement is a continuation of the small fourth wave correction as a double zigzag....
by Lara | Nov 17, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
During Friday the analysis expected to see more upwards movement with an increase in momentum. This is exactly what happened. The targets remain the same. The wave count remains the same. I will review monthly charts in this end of week analysis. Click on the charts...
by Lara | Nov 13, 2013 | S&P 500, S&P 500 + DJIA
Movement to a new high has clarified the situation. There has been no trend change. If the bullish alternate is correct then upwards movement should continue to breach the upper edge of the maroon channel from the monthly chart. If the more bearish main wave count is...
by Lara | Nov 13, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected a little more upwards movement for Tuesday before a second wave correction began. The second wave correction had already begun, and price did not move higher. I have again an alternate which looks at the possibility of a trend change at cycle...