by Lara | Aug 29, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected a little more downwards movement before this correction is over. Price has moved higher, and the correction is incomplete. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci ratios in price and...
by Lara | Aug 28, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected some upwards movement to be followed by more downwards movement, for the main hourly wave count. We did get a little upwards movement. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice...
by Lara | Aug 27, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s analysis expected upwards movement for the main wave count. This is not what happened. Both wave counts remain valid. Downwards movement was not enough to invalidate the main wave count. We must assume the trend remains the same, until proven...
by Lara | Aug 26, 2013 | S&P 500, S&P 500 + DJIA |
Last analysis expected upwards movement for Monday’s session to reach a short term target at 1,669. Price began by moving higher on Monday and turned at 1,669.51. Click on the charts below to enlarge. This wave count agrees with MACD and has some nice Fibonacci...
by Lara | Aug 22, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected upwards movement for Thursday’s session which is exactly what happened. We now have a channel breach on the hourly chart and so may have more confidence in the target. Click on the charts below to enlarge. This wave count...
by Lara | Aug 21, 2013 | S&P 500, S&P 500 + DJIA |
Yesterday’s main wave count had two hourly charts. The first was invalidated with movement below 1,645.84. Price continued lower to reach 2.57 points below the target on the second hourly chart. The main wave count remains the same. Click on the charts below to...
by Lara | Aug 20, 2013 | S&P 500, S&P 500 + DJIA
Yesterday’s analysis expected more downwards movement overall for another two sessions. Price moved higher, but remains below the confirmation / invalidation point of the two wave counts. Click on the charts below to enlarge. This wave count agrees with MACD and...
by Lara | Aug 19, 2013 | S&P 500, S&P 500 + DJIA
Last analysis expected upwards movement for all or most of Monday’s session. This is not what happened. The fourth wave correction may already have been over and very brief, as price simply moved lower. The target has not yet been reached and the structure is...
by Lara | Aug 15, 2013 | S&P 500, S&P 500 + DJIA |
Movement below 1,676.03 invalidated both hourly wave counts for the main daily wave count. This strong downwards movement does fit for the alternate, but it is not enough to give us confirmation. Click on the charts below to enlarge. This wave count agrees with MACD...
