by Lara | Sep 18, 2013 | S&P 500, S&P 500 + DJIA
Price moved very slightly higher, but failed to reach the target. The short term structure is now complete and a small fourth wave correction is expected. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in...
by Lara | Sep 17, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected again more upwards movement to begin the new trading week, which is what happened. The short term target has not yet been reached, but may be tomorrow. The short term structure is incomplete. The wave counts remain the same. Click on the charts...
by Lara | Sep 14, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected more upwards movement for Friday which is what happened. The wave count remains the same. Click on the charts below to enlarge. Main Wave Count. This wave count agrees with MACD and has some nice Fibonacci ratios in price and Fibonacci...
by Lara | Sep 13, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more upwards movement to a target at 1,695 to 1,697 before a small fourth wave correction began. Price moved only marginally higher, falling 5.03 points short of the target before the fourth wave began. The wave count remains the...
by Lara | Sep 9, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more downwards movement to begin the new trading week, before a third wave up. This is not what happened, the second wave correction was already over and the third wave up had begun. Click on the charts below to enlarge. Main Wave Count. This...
by Lara | Sep 7, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected more upwards movement which is what happened. We also have a following second wave correction which was expected. The wave counts remain the same. Click on the charts below to enlarge. Main Wave Count. This wave count agrees with MACD and has...
by Lara | Sep 5, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s main wave count expected more upwards movement towards a short term target at 1,668 to 1,671. Price did move higher, but fell well short of the target before turning to move sideways. The wave count remains the same. At this stage the main and...
by Lara | Sep 4, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement for the main wave count, which is what happened. I still have the same two wave counts. We must still favour the main wave count because we should always assume the trend remains the same, until proven otherwise....
by Lara | Sep 3, 2013 | S&P 500, S&P 500 + DJIA
Last analysis main wave count expected a little downwards movement to begin the session which did not happen. Movement above 1,646.61 confirmed the trend change. Click on the charts below to enlarge. Main Wave Count. This wave count agrees with MACD and has some nice...