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 10, 2013 | S&P 500, S&P 500 + DJIA |
Movement above 1,755.72 has clarified the situation, confirming the main wave count and invalidating the alternate. The S&P 500 has not had a big trend change and I will expect new highs. I will continue to publish the bullish alternate wave count alongside the...
by Lara | Nov 8, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement which is exactly what happened. This is the point at which the two hourly wave counts for the main daily wave count diverge. The next two to three days should illustrate which wave count has a higher probability....
by Lara | Nov 6, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement which is not what happened. Price has moved higher, but without a new high both wave counts remain valid. Click on the charts below to enlarge. Main Wave Count. This wave count has a higher probability than the...
by Lara | Nov 5, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected downwards movement which is what has happened. The target is not yet reached, but the structure is incomplete. I am today making some adjustments to the alternate bullish monthly wave count so that it makes more sense. Click on the...
by Lara | Nov 4, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected some upwards movement from the S&P 500 to begin the new week, to a short term target at 1,773. Price did move higher as expected, reaching up to 1,768.78, 4.22 points short of the short term target. The wave count remains the...
by Lara | Nov 2, 2013 | S&P 500, S&P 500 + DJIA
Price moved sideways for Friday’s session. Downwards movement at the beginning of the session was expected. So far the first and second hourly wave counts do not diverge. They both expect the same direction next. Click on the charts below to enlarge. Main Wave...
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 31, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement towards a target at 1,780 to 1,781. Price did move higher during Wednesday’s session, but only by 3.27 points. Thereafter, downwards movement has clearly breached the parallel channel on the hourly chart. Click on the...
