by Lara | Oct 11, 2013 | S&P 500, S&P 500 + DJIA
Movement above 1,685.66 and outside the channel on the hourly chart indicates a trend change. The wave counts remain the same. Click on the charts below to enlarge. Main Wave Count. Intermediate wave (4) is now over, it lasted 14 days, just one more than a Fibonacci...
by Lara | Oct 9, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Last analysis main wave count expected upwards movement as most likely, and the alternate count expected downwards movement. Price has moved lower to complete an impulse and turned up slightly at the end of the session. I am swapping over the main and alternate wave...
by Lara | Oct 8, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected the completion of a triangle before downwards movement. The triangle had already completed and Tuesday’s session began with downwards movement. Click on the charts below to enlarge. At 1,740 intermediate wave (C) would reach...
by Lara | Oct 2, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected one small upwards wave to a short term target at 1,701 before a short term trend change and downwards movement. However, price just moved lower. The structure at the hourly chart level is different for today’s analysis, but...
by Lara | Oct 1, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected downwards movement to last all or most of Tuesday’s session, but this is not what happened. Price has moved higher, and there is now a very clear breach of the channel on the hourly chart. I will not keep publishing the...
by Lara | Sep 30, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more downwards movement to start the new trading week which is exactly what happened. The short term target is not yet reached, and the structure is incomplete. The wave counts remain the same. Click on the charts below to enlarge. At 1,740...
by Lara | Sep 29, 2013 | S&P 500, S&P 500 + DJIA
I had expected upwards movement for Friday. Price moved lower and this has changed the wave count. Although the wave count at the hourly chart level remained valid, it no longer had the “right look”. Click on the charts below to enlarge. At 1,740...
by Lara | Sep 26, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected Thursday’s session to begin with a very small amount of downwards movement to a short term target at 1,690 before price turned and moved overall upwards for the day. We did not get any downwards movement to begin the session, but the...
by Lara | Sep 18, 2013 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Yesterday’s analysis expected choppy overlapping movement trending downwards for Wednesday. This is not what happened. A sharp upwards thrust above 1,709.67 has confirmed the main daily wave count and invalidated the alternate. I have just the one wave count for...
