by Lara | Oct 29, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis had a main wave count at the daily and hourly chart level which expected more upwards movement. This is what has happened. We have not seen a trend change on 28th October, although we did reach the target at that date. We must always assume...
by Lara | Oct 24, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement for Thursday’s session, which is exactly what has happened. The wave count remains the same. Click on the charts below to enlarge. Intermediate wave (4) lasted 14 days, just one more than a Fibonacci 13....
by Lara | Oct 22, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Yesterday’s analysis expected downwards and sideways movement for one to three days. This is not what happened as price has moved higher. The wave count remains the same. It is time to revise the big picture. I will cover monthly charts for this main wave count...
by Lara | Oct 21, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more upwards movement to a short term target at 1,760 to 1,761. Price did move very slightly higher, but has fallen well short of the target. The structure is unfolding as expected even if the wave lengths are not. This structure is extremely...
by Lara | Oct 18, 2013 | S&P 500, S&P 500 + DJIA
Last analysis of the S&P 500 expected more upwards movement to end the week, with an increase in momentum. This is exactly what happened. Price has fallen short of the short term target, but is on track to reach the mid term target next week. The wave count...
by Lara | Oct 17, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected some downwards movement to be over during Thursday’s session for a small second wave correction, and for overall upwards movement for Thursday. This is exactly what happened. The wave count remains the same. Click on the...
by Lara | Oct 16, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement for both a main and alternate hourly wave count. This is exactly what happened. The structure of this upwards movement (is it a three or a five?) will show which wave count is correct. I have just the one wave count...
by Lara | Oct 14, 2013 | S&P 500, S&P 500 + DJIA
The short term target from last analysis, at 1,713, was almost reached, but price moved lower before turning upwards. Because the alternate wave count now does not work for the Dow I will discard it for the S&P also. I have just the one wave count for you today....
by Lara | Oct 12, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected a second wave correction was likely before more upwards movement. There was no correction, and price has moved higher. The wave count remains the same. Click on the charts below to enlarge. Main Wave Count. Intermediate wave (4) is now over, it...
